Carlyle Reportedly Nears Deal to Buy Granules India for $1 Billion - (Fidelity via NewsPoints Desk)

  • Unidentified sources cited by CNBC say that the Carlyle Group is in talks to acquire drugmaker Granules India for $1 billion, as reported by Fidelity.

  • According to the sources, Carlyle may purchase promoter shares which will trigger an open bid to acquire additional stake from others.

  • Granules India and Carlyle declined to comment on the speculation.

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