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Kotak Alt invests Rs 1,445 cr to acquire Viatris API biz for Matrix Pharma

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Kotak Alternate Asset Managers (Kotak Alt), a part of the Kotak Mahindra Group, has invested Rs 1,445 crore in Matrix Pharma for its acquisition of US-based pharmaceutical major Viatris’ API business.


This transaction was executed through Kotak Strategic Situations Fund II.


This acquisition will make Matrix the second-largest Indian active pharmaceutical ingredients (API)…


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