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Abbott looks to India for shot in arm: drug maker, with latest takeover, to hold biggest share of that nation's pharmaceuticals market
- Source :
- Wall Street Journal. Europe. August 26, 2010, A17
- Publication Year :
- 2010
-
Abstract
- To capitalize on emerging markets, Abbott Laboratories is negotiating the acquisition of India's Piramal Healthcare Ltd. for $3.7 billion. When the deal closes, Abbott will hold the largest market share in that country's pharmaceutical industry at 7%.
- Subjects :
- Abbott Laboratories (Abbott Park, Illinois) -- Planning
Abbott Laboratories (Abbott Park, Illinois) -- Mergers, acquisitions and divestments
Abbott Laboratories (Abbott Park, Illinois) -- Company forecasts
Nicholas Piramal India Ltd. -- Mergers, acquisitions and divestments
Pharmaceutical industry -- Mergers, acquisitions and divestments
Company business planning
Company acquisition/merger
Company business forecast/projection
Banking, finance and accounting industries
Business
Business, international
Subjects
Details
- Language :
- English
- ISSN :
- 09219986
- Database :
- Gale General OneFile
- Journal :
- Wall Street Journal. Europe
- Publication Type :
- News
- Accession number :
- edsgcl.236325907