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People & Business :: Companies

May 23, 2007

IFC Buys 11.5% of Granules India

Deepti Ramesh

International Finance Corp. (IFC; Washington), the private sector arm of the World Bank, has bought an 11.5% stake in active pharmaceutical ingredient (API) and pharmaceutical formulation intermediates (PFI) manufacturer Granules India (Hyderabad) for about...

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