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Why Ranbaxy lost 1000 crores in taxes with the Daichii Deal

Posted by MoneyWise 1177 days ago, popular 1176 days ago (http://gettingmoneywise.blogspot.com)
Category: Stocks | Tags: finance mergers ranbaxy-daichi
The biggest Pharmaceutical deal from the Indian Stable had its hiccups executing it.The open buy backback offer from ranbaxy to execute the share transfer to Daichii got Ranbaxy poorer by 1000 crores in Taxes.
Owing to Block Deal.
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