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Cadila Healthcare Ltd has announced that its second overseas acquisition this year, the Company signed an agreement to acquire 100% stake in Quimica e Farmaceutica Nikkho do Brasil Ltda. (Nikkho), a mid-sized, privately held Company in Brazil. The Company is profit raking and had posted sales of US$ 26 mn for the Calendar Year 2006. The consideration paid represents sales multiple of around 1. […] The growing global discomfort over private equity (PE) groups is finding some resonance in India, too. Policymakers are planning to monitor their activities and investments to firm up views on whether norms applied on PEs need a review. Several top PE groups such as Blackstone, Carlyle Group, Warburg Pincus, CVC, Actis and Temasek have invested in scores of firms in India, driven by expectations of good returns in an economy growing at over 8% annually. […] |