© 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
The Most Highly Regarded Expert Witnesses of 2015
Legal
08/06/2016The Most Highly Regarded Expert Witnesses of 2015

What should you be doing to avoid delays and disputes in construction and infrastructure projects

Read Full PostRead - Eye Icon
Can You Pay to Have Your Credit Fixed?
Finance
06/12/2021Can You Pay to Have Your Credit Fixed?

Many companies claim they can "repair" or "fix" your credit. And yes, some of these types of services are scams. Moreover, you can do it yourself for free if you’re willing to put in the time and effort.

Read Full PostRead - Eye Icon
Running a Professional Options Trading Business from Home
Innovation
21/02/2023Running a Professional Options Trading Business from Home

When you run a professional options trading business, you gain the right to buy or sell assets at a set price prior to a specific date. These days, investors can begin options trading from home. Do it right, and you could end up with healthy profits.

Read Full PostRead - Eye Icon
The Hidden Cost of Overuse and Misuse of Data Storage
News
06/08/2025The Hidden Cost of Overuse and Misuse of Data Storage

Most organisations are storing far more data than they use, and while keeping it “just in case” might feel like the safe option, it’s a habit that can quietly chip away at budgets, performance, and even sustainability goals.

Read Full PostRead - Eye Icon
Average Cost of a Data Breach Reaches An All-Time High of $4.45m, But AI and Automation Continue to Save Time and Money
Innovation
24/08/2023Average Cost of a Data Breach Reaches An All-Time High of $4.45m, But AI and Automation Continue to Save Time and Money

IBM’s Cost of a Data Breach report has highlighted the increasing cost for companies that suffer a data breach. The report found that the average cost of a data breach is now at an all-time high of $4.45 million. This represents an increase from last year, u

Read Full PostRead - Eye Icon
Landis Rath & Cobb LLP Advise Centre Lane’s acquisition of Saladworks ($16.9 million)
Finance
15/07/2015Landis Rath & Cobb LLP Advise Centre Lane’s acquisition of Saladworks ($16.9 million)

Landis Rath & Cobb LLP Advise Centre Lane's acquisition of Saladworks ($16.9 million)

Read Full PostRead - Eye Icon
Why Customer Experience is a Key Differentiator in the Banking Industry & How the Industry Is Set to Change for Consumers
Finance
14/06/2022Why Customer Experience is a Key Differentiator in the Banking Industry & How the Industry Is Set to Change for Consumers

According to a recent study by Gartner, 81% of companies compete mostly on the basis of CX, making strong CX a key competitive differentiator for Banks. Gartner’s research also reveals that the higher a customer’s experience is in terms of quality, the mor

Read Full PostRead - Eye Icon
Save Time and Money with Clinical Maestro
Finance
27/04/2023Save Time and Money with Clinical Maestro

Strategikon has developed a platform called Clinical Maestro that is able to efficiently budget, source, and manage complex clinical programs.

Read Full PostRead - Eye Icon
The Benefits of Hiring a Pennsylvania PI Lawyer on a Contingency Fee Arrangement
News
09/09/2024The Benefits of Hiring a Pennsylvania PI Lawyer on a Contingency Fee Arrangement

The Benefits of Hiring a Pennsylvania PI Lawyer on a Contingency Fee Arrangement Pennsylvania is a state in the northeastern U.S., known for its pivotal role in American history and its mix of vibrant cities and picturesque rural areas. Whether you live in Phi



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