Sun Pharma Ranbaxy merger

Sun Pharma Ranbaxy merger News

Andhra HC lifts stay on Sun Pharma-Ranbaxy merger

The court last month had ordered an ‘interim status quo’ on the deal, pending a decision on a petition for a probe into alleged insider trading.

Andhra HC vacates status quo order on $4 bn Sun Pharma-Ranbaxy merger

SC earlier observed that Andhra HC has no territorial jurisdiction over Sun Pharma-Ranbaxy merger process.

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Supreme Court refuses to stay HC order on $4 bn Sun Pharma-Ranbaxy merger

Andhra HC on April 25 had directed BSE and NSE not to approve Sun Pharma-Ranbaxy merger.

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