© Copyright Acquisition International 2024 - 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 Common Questions On Personal Injury Claims Answered
Legal
24/03/2022The Most Common Questions On Personal Injury Claims Answered

For most of us, legal procedures and processes aren’t everyday occurrences: we see more of a courtroom through our TVs, as per Collider.com, than we ever do in person. Some of the most common circumstances in which people find themselves actually represented

Read Full PostRead - Eye Icon
Simplified Skype for Business in Traditional Video Conferencing Environments
Innovation
09/11/2015Simplified Skype for Business in Traditional Video Conferencing Environments

Cyviz, a leader in visual collaboration and command and control systems, today announced that the company has developed a more intuitive, user-friendly way to incorporate the use of Microsoft’s Skype for Business (formerly Lync) in traditional video conferen

Read Full PostRead - Eye Icon
451 Research Identifies Nearly 300 M&A and IPO Candidates in its Annual 2016 Tech M&A Outlook
Innovation
25/02/2016451 Research Identifies Nearly 300 M&A and IPO Candidates in its Annual 2016 Tech M&A Outlook

According to 451 Research’s recently published Tech M&A Outlook 2016, acquirers will spend hundreds of billions of dollars on tech acquisitions in the coming year to adapt to a rapidly changing marketplace with notable hotspots in information security, IoT a

Read Full PostRead - Eye Icon
A Beginner-Friendly Day Trading Setup Checklist For Risk-Free Trading
News
20/11/2023A Beginner-Friendly Day Trading Setup Checklist For Risk-Free Trading

For most investors, day trading can look like an extremely promising option, and it can even be highly rewarding for those with a well-planned strategy. However, if you have just entered the market, there are a few common mistakes you might be prone to committ

Read Full PostRead - Eye Icon
Maximizing ROI: How SharePoint Consultants Drive Business Value
News
19/02/2024Maximizing ROI: How SharePoint Consultants Drive Business Value

SharePoint, developed by Microsoft, is a powerful platform designed to facilitate collaboration, document management, and information sharing within organizations. While the platform offers a plethora of features and capabilities, maximizing its return on inve

Read Full PostRead - Eye Icon
5 Ways to Optimize Your Order Fulfillment Process
News
09/12/20215 Ways to Optimize Your Order Fulfillment Process

Customer satisfaction is considered the heart of a business. Companies that know and fulfill customers' needs are the ones who are ensured success in any industry. That’s because satisfied customers will naturally come back to purchase again. And keeping cus

Read Full PostRead - Eye Icon
Going Green with Legal Tech: How Digital Solutions are Cutting Down Paper Use
News
26/01/2024Going Green with Legal Tech: How Digital Solutions are Cutting Down Paper Use

Going Green with Legal Tech: How Digital Solutions are Cutting Down Paper Use Lawyers engage every day in a process that is known for and dependent upon consistency. Those dusty books you see in the background of every law office ever featured in television or

Read Full PostRead - Eye Icon
What Does a Personal Injury Lawyer Do?
Legal
30/05/2023What Does a Personal Injury Lawyer Do?

Do you live in Joliet IL, and the surrounding areas? Have you been physically injured in a road accident due to the negligence of another driver and need compensation?

Read Full PostRead - Eye Icon
PennWell Acquires 50% Interest in Turkey Energy Conference & Exhibition
Finance
31/01/2017PennWell Acquires 50% Interest in Turkey Energy Conference & Exhibition

PennWell International, a diversified global media and conferences and exhibitions company, announced today that it has acquired 50% of Sektörel Fuarcilik, owner of ICCI, the largest power generation conference and exhibition held annually in Istanbul, Turkey



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 14 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