Indian Billionaires Acquire Foreign Companies Amid Domestic Growth Slowdown

A trend of Indian billionaires purchasing foreign companies is emerging, exemplified by Sun Pharmaceuticals' $11.75 billion acquisition of Organon & Co., as domestic growth slows.

25 May, 11:57 — 25 May, 11:57

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myjoyonlineMixed4h ago

Indian billionaires buy foreign companies as growth slows at home

In late April, India's Sun Pharmaceuticals agreed to pay $11.75bn (£8.59bn) to acquire New York-listed women's health and biosimilars firm Organon & Co.

By Emmanuel Tetteh

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Indian Billionaires Acquire Foreign Companies Amid Domestic Growth Slowdown

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Indian billionaires buy foreign companies as growth slows at home

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