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What is Ranbaxy Acquisition by Daiichi Sankyo about?

Ranbaxy, a major Indian pharmaceutical company, was acquired by Daiichi Sankyo, one of the largest pharmaceutical companies in Japan. In June 2008, Daiichi Sankyo acquired a 63.92% stake in Ranbaxy for approximately $4.6 billion. The acquisition provided both companies with expanded global reach, access to new markets, and cost competitiveness through Ranbaxy

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rupe59

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