Economic TimesLean R·
ChrysCapital eyes stake in Linux Labs
Mumbai: Homegrown private equity firm ChrysCapital is set to acquire a 20-25% stake in central nervous system (CNS)- focused domestic formulations company Linux Laboratories for around $60-65 million (₹600 crore), people aware of the development told ET. Tata Capital Healthcare Fund, an existing investor in Chennai-based Linux Laboratories, will exit its entire 15% stake as part of the transaction, while ChrysCapital will acquire an additional 5-10% stake through a primary capital infusion.Pres…
Read at Economic Times →
