
Creador to buy 7% stake in pharma company La Renon
Kuala Lumpur-based private equity firm Creador is set to acquire about 7% stake in domestic pharmaceutical company La Renon Healthcare for ₹800 crore, according to people aware of the development. The transaction values Ahmedabad-headquartered La Renon at nearly ₹11,000 crore and will see a partial stake dilution by the promoter family as well as an…