© 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
Outsourcing:  A Tax Effective Solution
Finance
07/05/2015Outsourcing: A Tax Effective Solution

In recent years the tax affairs of large multinational organisations have been subject to greater scrutiny than ever before.

Read Full PostRead - Eye Icon
Creating Innovative Digital Content Solutions
Innovation
08/05/2019Creating Innovative Digital Content Solutions

Integra is a leading digital content services company providing innovative source-to-publish solutions to global publishers and digital learning solutions to organizations across diverse industry verticals. Following their success in AI’s Global Excellence A

Read Full PostRead - Eye Icon
Workplace Injuries – What to Do Next, Including Legal Advice
News
23/10/2023Workplace Injuries – What to Do Next, Including Legal Advice

Workplace Injuries – What to Do Next, Including Legal Advice In our fast-paced and often demanding work environments, accidents can happen. Workplace injuries can range from minor incidents to more severe accidents, and knowing what to do when they occur

Read Full PostRead - Eye Icon
Key to Success – Lithia Motors Acquires DCH Auto Group
M&A
12/03/2015Key to Success – Lithia Motors Acquires DCH Auto Group

In October 2014, Lithia Motors, Inc. announced that it had completed the purchase of DCH Auto Group Inc., one of the 10 largest dealer groups in the US.

Read Full PostRead - Eye Icon
What Do Companies Look for in their Accountants?
Finance
01/09/2020What Do Companies Look for in their Accountants?

Very few professions are as versatile as that of an accountant. Unlike most skilled workers, including doctors and engineers, the accountant can potentially work in any industry. The ability to work with numbers, or rather make the numbers work for their emplo

Read Full PostRead - Eye Icon
What Are the Best Cybersecurity Solutions for Regulatory Compliance in Email Environments?
Strategy
25/09/2025What Are the Best Cybersecurity Solutions for Regulatory Compliance in Email Environments?

Email regulatory compliance helps enterprises neutralize the most common attack vectors cybercriminals use to infiltrate corporate networks. Once in, malicious hackers can steal data, strong-arm executives for ransom or sabotage business operations. Investing

Read Full PostRead - Eye Icon
How SMBs can avoid data breaches and cyberattacks during remote working
Leadership
07/04/2020How SMBs can avoid data breaches and cyberattacks during remote working

With the coronavirus outbreak forcing millions of people to swap their offices for their homes, the dynamic of the global workforce has changed dramatically in just a few short weeks. Fortunately, developments in technology have made the switch from the office

Read Full PostRead - Eye Icon
Innovative Bites Acquires Hancocks
M&A
13/04/2017Innovative Bites Acquires Hancocks

Confectionery powerhouse Innovative Bites has today, Wednesday 12 April 2017, acquired Hancocks Holdings, the UK’s leading supplier of wholesale sweets, from H2 Equity Partners and management.

Read Full PostRead - Eye Icon
Employees: This Is How Tax Fraud Affects your Background Check in 2021
Finance
04/06/2021Employees: This Is How Tax Fraud Affects your Background Check in 2021

Paying taxes and filing returns is an important civic responsibility. While some employers may fail to make a background check on tax fraud, you wouldn't want to be on the wrong side of the law. Tax fraud occurs when you knowingly forge information on tax retu



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