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Sun Pharma shares tumble 4% as firm closes in on $12-billion Organon acquisition. What’s spooking investors?

Shares of Sun Pharmaceutical Industries fell sharply after ET reported the company had submitted a $12-billion binding offer for Organon & Co. Investors remain cautious as the pharma major nears its biggest-ever overseas acquisition amid debt concerns and vol…

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The News Flicker

Sun Pharma shares tumble 4% as firm closes in on $12-billion Organon acquisition. What’s spooking investors?

Shares of Sun Pharmaceutical Industries fell sharply after ET reported the company had submitted a $12-billion binding offer for Organon & Co. Investors remain cautious as the pharma major nears its biggest-ever overseas acquisition amid debt concerns and vol…

Shares of Sun Pharmaceutical Industries tumbled more than 4% to Rs 1,643.60 on Friday after The Economic Times reported that the pharma major has submitted a $12-billion binding offer for Organon &am…

Originally published by The Times of India. Read the full article →

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