financetom
Business
financetom
/
Business
/
Carlyle to sell up to 10% stake in Piramal Pharma, Moneycontrol reports
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Carlyle to sell up to 10% stake in Piramal Pharma, Moneycontrol reports
Jul 3, 2025 4:34 AM

July 3 (Reuters) - U.S. private equity firm Carlyle

Group ( CG ) is preparing to offload up to a 10% stake in

India's Piramal Pharma through block trades, online

news portal Moneycontrol reported on Thursday, citing sources.

The U.S.-based private equity firm could earn in the range

of 26 billion rupees ($304.8 million) to 27 billion rupees from

the sale, the report added.

($1 = 85.3090 Indian rupees)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved