Intentar ORO - Gratis
Biocon to fully acquire Biologics subsidiary; plans $500 mn fundraise
The New Indian Express Bengaluru
|December 07, 2025
BIOCON Limited on Saturday announced that it will fully integrate its subsidiary, Biocon Biologics Limited (BBL), making it a wholly owned subsidiary of Biocon Limited.
This move, which values Biocon Biologics at $5.5 billion, is designed to create a unified global biopharmaceutical leader by simplifying the corporate structure and combining the strengths of the generics and biosimilars businesses.
The integration involves Biocon acquiring the remaining minority stakes in BBL through a combination of share swaps and cash payments. Biocon will acquire the stakes held by Serum Institute Life Sciences (Serum), Tata Capital Growth Fund II (Tata Capital), and Activ Pine LLP (Activ Pine) through a share swap of 70.28 Biocon shares for every 100 Biocon Biologics shares.
Esta historia es de la edición December 07, 2025 de The New Indian Express Bengaluru.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE The New Indian Express Bengaluru
The New Indian Express Bengaluru
Trying to flee cops, woman falls from 4th floor of hotel
A 21-year-old woman, who was allegedly drunk at a party in a hotel, was critically injured after she accidentally fell from the fourth floor of the hotel while trying to slither down by holding on to the sewage pipe after the police arrived at the scene.
1 min
December 16, 2025
The New Indian Express Bengaluru
₹ fall deepens as it closes at 90.73/$, weakens by 0.34%
THE rupee continued to weaken for the fourth consecutive day, breaching 90.75-mark during the intraday trade and closing at record low of 90.73 per dollar on Monday.
1 min
December 16, 2025
The New Indian Express Bengaluru
Lack of road for ambulance leaves pregnant woman, unborn child dead
A pregnant tribal woman, Sukri Kumari, and her unborn child were killed in Jharkhand's Gumla due to a lack of roads in the village.
1 min
December 16, 2025
The New Indian Express Bengaluru
India's trade deficit falls to 5-month low of $24.53 bn in Nov; export rises by 15%
INDIA'S trade deficit in November has declined to a five-month low of $24.53 billion in November, primarily due to the fall in gold, oil and coal imports, while there has been a considerable rise in the exports to the US, showed the data released by by the Ministry of Commerce on Monday.
1 min
December 16, 2025
The New Indian Express Bengaluru
'Even gods need rest': Court on special puja issue
EXPRESSING unhappiness over allowing paid 'special pujas' in temples, disrupting the \"resting time\" of the deity, the Supreme Court on Monday sought a response from the authorities on a plea challenging changes in 'darshan' timings and temple practices at Bankey Bihari Ji temple in Vrindavan.
1 min
December 16, 2025
The New Indian Express Bengaluru
At 13.3°C, city sees lowest min temp in 8 years
IT is not just the dip in night temperatures that is making people feel the chill, but the drop in day temperatures too.
1 min
December 16, 2025
The New Indian Express Bengaluru
MTNL approves sale of ₹350-cr Mumbai assets
STATE-owned telecom service provider Mahanagar Telephone Nigam Limited (MTNL) on Monday announced the approval of the sale of its residential property located in Bandra Kurla Complex (BKC), Mumbai, as part of its asset monetisation plan.
1 min
December 16, 2025
The New Indian Express Bengaluru
Modi embarks on three-nation tour, lands in Jordan
PRIME Minister Narendra Modi on Monday arrived to a rousing welcome in Amman, the capital of Jordan, the first stop in the three nation trip.
1 min
December 16, 2025
The New Indian Express Bengaluru
Star Air to start flying to Ahmedabad, Goa, Nanded, B'luru from Navi Mum
BENGALURU-headquartered Star Air said on Monday it will launch the operations from the Navi Mumbai International Airport (NMI) from December 25.
1 min
December 16, 2025
The New Indian Express Bengaluru
Nabin takes charge; Shah, Nadda welcome new prez at party HQ
A day after being named as BJP's new working president, Nitin Nabin took charge of his new responsibility at the party headquarters here on Monday in the presence of Home Minister Amit Shah and outgoing national president JP Nadda.
1 min
December 16, 2025
Listen
Translate
Change font size