Indian pharmaceutical company Gujarat Themis Biosyn has secured private credit financing to support its JPY21.5bn ($135m) acquisition of Japanese drugmaker MicroBiopharm Japan, according to a report by Bloomberg.
The report cites unnamed people familiar with the matter as revealing that Gujarat Themis obtained JPY9.2bn ($58m) from Asian private credit manager Orion Capital Asia to help finance the acquisition.
The Indian drugmaker announced the purchase in May. A spokesperson for Gujarat Themis...
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