Ranbaxy Fine buys US co. Mallinckrodt Baker for $340 mn

September 2008
Chemical Business;Sep2008, Vol. 22 Issue 9, p66
Trade Publication
The article reports on a bid secured by ICICI Venture-controlled Ranbaxy Fine Chemicals to acquire Mallinckrodt Baker for an estimated value of $340 million in 2008. It states the possibility that ICICI Venture will finance the equity portion of the deal while the debt will be funded by ICICI Bank. Mallinckrodt Baker belongs to the healthcare firm Covidien. ICICI Venture may invest about $100 as equity contribution to the deal.


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