© 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
A Young and Hungry Law Firm
Finance
20/03/2018A Young and Hungry Law Firm

Samvãd Partners is a full-service multidisciplinary Indian law firm with offices in Bengaluru, Chennai, Hyderabad, Mumbai and New Delhi.

Read Full PostRead - Eye Icon
Premium Trading Software Solutions For You
Innovation
22/07/2022Premium Trading Software Solutions For You

To adapt and thrive to ever-changing market conditions, organisations need modern software solutions and data architectures.

Read Full PostRead - Eye Icon
The Most Innovative UK Accountancy Firm 2016 Acquisition
Finance
04/05/2016The Most Innovative UK Accountancy Firm 2016 Acquisition

Formed as a start-up firm of chartered accountants, Aspen Waite has grown to become a recognised firm of business advisors.

Read Full PostRead - Eye Icon
Money-Making Magic: Discovering Exciting and Profitable Investment Ventures
Finance
19/07/2023Money-Making Magic: Discovering Exciting and Profitable Investment Ventures

Investing has always been a gateway to financial growth and security. Even so, it doesn't have to be all about numbers and charts. Investment ventures not only generate significant returns – they bring excitement and thrill to the table.

Read Full PostRead - Eye Icon
Enhancing Transparency And Trust: The Value Of Independent Audit And Assurance Services
Finance
11/07/2023Enhancing Transparency And Trust: The Value Of Independent Audit And Assurance Services

In the intricate world of business and financial systems, establishing trust and maintaining transparency has never been more vital.

Read Full PostRead - Eye Icon
A Strong Footing in the Stock Market: Exploring Investment Strategies
Finance
10/03/2022A Strong Footing in the Stock Market: Exploring Investment Strategies

Standing at about $93 trillion, the stock market seemed primed for a next mega move that could thrust its valuation to over $100 trillion--or better. This is impressive, but what are the best strategies to become a part of this super wave?

Read Full PostRead - Eye Icon
Scope of Opportunity
Innovation
03/04/2017Scope of Opportunity

Launchpad Five One Six is a management consulting firm that works with companies on evaluating and correcting problematic areas within their business. Winners of Most Innovative Management Consultancy 2017, Launchpad is a boutique firm that works with business

Read Full PostRead - Eye Icon
Maximizing Your Online Presence: Unleashing the Power of Google Ads for Business Growth
News
06/11/2023Maximizing Your Online Presence: Unleashing the Power of Google Ads for Business Growth

In today’s digital age, establishing a strong online presence is essential for businesses looking to thrive and expand. With countless potential customers turning to the internet to find products and services, it’s crucial to leverage effective dig

Read Full PostRead - Eye Icon
Best In-House Global Tax Adviser – Singapore
Finance
08/06/2016Best In-House Global Tax Adviser – Singapore

NOL is the largest container shipping company listed on the Singapore Exchange (SGX). With more than 7,000 employees and offices located in over 40 countries, the Group delivers quality services through its core business, APL.



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