© Copyright Acquisition International 2026 - All Rights Reserved.

Article Image - CounselCorp Advises Aurobindo (Australia) Pty Ltd During Pharma Eris Pharma’s Acquisition
Posted 6th May 2015

CounselCorp Advises Aurobindo (Australia) Pty Ltd During Pharma Eris Pharma’s Acquisition

In a move to focus the growth markets, the Hyderabad-based Aurobindo Pharma has sold off its step-down subsidiary in Australia, Aurobindo Pharma (Australia) Pty Ltd, to Eris Pharma Australia Pty Ltd.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

CounselCorp Advises Aurobindo (Australia) Pty Ltd During Pharma Eris Pharma’s Acquisition

CounselCorp Advises Aurobindo (Australia) Pty Ltd During Pharma Eris Pharma’s Acquisition

View Biography
Image

View Biography
Image

View Biography
Image

Acquirer

Target

Corporate Advisers and Legal Counsel to Aurobindo

In a move to focus the growth markets, the Hyderabad-based Aurobindo Pharma has sold off its step-down subsidiary in Australia, Aurobindo Pharma (Australia) Pty Ltd, to Eris Pharma Australia Pty Ltd. The company informed BSE on April 10, 2015 that Aurobindo Pharma Limited has divested its step-down subsidiary, Aurobindo Pharma (Australia) Pty Ltd to Eris Pharma Australia Pty Ltd.

Aurobindo Pharma will, however, under an agreement continue to manufacture and supply the products to Eris Pharma for Australian and New Zealand market over next few years. This divestment is in line with Aurobindo Pharma’s strategy to focus on US, EU and key emerging markets. This subsidiary was not contributing any profit to Aurobindo, added the company in the BSE filing.

Counsel Corp acted as corporate advisers and legal counsel to Aurobindo

Categories: M&A


You Might Also Like
Read Full PostRead - Eye Icon
8 Technology Solutions to Help Expand Your Business
News
02/11/20218 Technology Solutions to Help Expand Your Business

Modern businesses must rely on various digital technologies to thrive and expand. From accounting, project management, and office communication to customer service and digital marketing, there are multiple solutions that can streamline and ultimately improve b

Read Full PostRead - Eye Icon
AI Content Conundrum: Sentiment Degradation Exacerbating the Misinformation Age
Innovation
13/05/2024AI Content Conundrum: Sentiment Degradation Exacerbating the Misinformation Age

With industries across the board becoming increasingly adept at using AI-driven Large Language Models (LLMs) like OpenAI’s ChatGPT, Anthropic’s Claude2 and Meta AI’s Llama2, it begs one obvious question: How do we make sure all of the content out there i

Read Full PostRead - Eye Icon
5 Top-Rated Advisory Services for Mergers and Acquisitions
News
25/03/20255 Top-Rated Advisory Services for Mergers and Acquisitions

Mergers and acquisitions can drive remarkable growth, but they’re sometimes challenging to understand. Getting expert help from a qualified, knowledgeable advisor is crucial if you hope to maximise your returns and avoid complicated tax and legal issues.

Read Full PostRead - Eye Icon
In Debt for the First Time – How Your Business Needs to Treat the New Wave of Debtors
Finance
09/12/2022In Debt for the First Time – How Your Business Needs to Treat the New Wave of Debtors

As interest rates are hiked by ratios not seen in decades, the fallout from slowing economies across the world is likely to hit middle income earners as much, or more, as those on lower incomes. While those at the poorest ends of society are well-versed in bei

Read Full PostRead - Eye Icon
Why Corporate Social Responsibility Is Essential During Disasters
Corporate Social Responsibility
31/03/2023Why Corporate Social Responsibility Is Essential During Disasters

Corporate social responsibility (CSR) can take many forms. While many firms are focusing on reducing their carbon footprint and working to achieve net zero, others are intent on giving back to the community, especially those who suffered from a natural disaste

Read Full PostRead - Eye Icon
Peer-to-Peer Lending: A Comprehensive Overview of How It Works, Pros & Cons
News
31/07/2023Peer-to-Peer Lending: A Comprehensive Overview of How It Works, Pros & Cons

Peer-to-Peer lending is a form of lending in which borrowers and lenders connect with one another without the involvement of traditional lending institutions. 

Read Full PostRead - Eye Icon
RSM US Adopts Stellar Cyber’s Open XDR to Enhance Managed Cybersecurity Offering
Innovation
28/02/2024RSM US Adopts Stellar Cyber’s Open XDR to Enhance Managed Cybersecurity Offering

Managed security services provider RSM US has announced that the company has begun to leverage Stellar Cyber’s open extended detection and response (“Open XDR”) platform to simplify the way it delivers cybersecurity coverage for its customers.

Read Full PostRead - Eye Icon
Leveraging Human Resource Software for Employee Feedback and Recognition
Innovation
02/08/2023Leveraging Human Resource Software for Employee Feedback and Recognition

In today's fast-paced and competitive business world, companies are increasingly realizing the importance of employee feedback and recognition to boost morale, productivity, and overall employee satisfaction.

Read Full PostRead - Eye Icon
Citi Announces to Sell Citi Cards Japan to Sumitomo Mitsui Trust Bank
Finance
31/03/2015Citi Announces to Sell Citi Cards Japan to Sumitomo Mitsui Trust Bank

Citi today announced that it has reached a definitive agreement to sell 100% of the shares of Citi Cards Japan, Inc.



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow