Mergers & Acquisitions Mergers & Acquisitions

Ipca Laboratories seeks Indian merger clearance for controlling stake in Unichem

By Freny Patel
  • 19 May 2023 00:13
  • 19 May 2023 00:13
Ipca Laboratories has sought merger approval for its proposed acquisition of a controlling stake of up to 59.38 percent in Unichem Laboratories — a deal that would grant Ipca management control over its Mumbai-based pharmaceutical-ingredients peer.

In the joint merger application made public on Thursday, the companies told the Competition Commission of

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Freny Patel


Freny has been covering antitrust law, M&A and regulations for over a decade, serving as Asia editor at Policy and Regulatory Report. Prior to joining as an editor at Mergermarket, she headed the banking bureau of a leading Indian financial daily, Business Standard. When India privatized the insurance sector, she had her own column in The Observer.

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