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Photos: Here's why Sun Pharma is doling out billions to buy troubled rival Ranbaxy
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  • Photos: Here's why Sun Pharma is doling out billions to buy troubled rival Ranbaxy

Photos: Here's why Sun Pharma is doling out billions to buy troubled rival Ranbaxy

FP Staff • April 7, 2014, 12:59:19 IST
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Sun, a top player in the Indian pharma industry, has acquired several companies in the past but of a relatively-smaller nature, the previous most-high profile acquisition being of Israeli drugmaker Taro.

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Photos: Here's why Sun Pharma is doling out billions to buy troubled rival Ranbaxy

[caption id=“attachment_81355” align=“aligncenter” width=“860”] ![Sun & Ranbaxy Investor Presentation](https://images.firstpost.com/wp-content/uploads/2014/04/sunpharma-3.jpg) In a mega $4 billion deal, Sun Pharma is buying troubled Indian peer Ranbaxy in an all-stock deal. However, Sun is paying is paying less than what Japan’s Daiichi had paid when it acquired Ranbaxy in 2008 from its erstwhire promoters Malvinder and Shivinder Singh for $4.6 billion. Source: Sun Pharma’s investor presentation[/caption]

![Sun & Ranbaxy Investor Presentation](https://images.firstpost.com/wp-content/uploads/2014/04/sunpharma-4.jpg) ![Sun & Ranbaxy Investor Presentation](https://images.firstpost.com/wp-content/uploads/2014/04/sunpharma-5.jpg)
![Sun & Ranbaxy Investor Presentation](https://images.firstpost.com/wp-content/uploads/2014/04/sunpharma-7.jpg) ![Sun & Ranbaxy Investor Presentation](https://images.firstpost.com/wp-content/uploads/2014/04/sunpharma-8.jpg) ![Sun & Ranbaxy Investor Presentation](https://images.firstpost.com/wp-content/uploads/2014/04/sunpharma-9.jpg) ![Sun & Ranbaxy Investor Presentation](https://images.firstpost.com/wp-content/uploads/2014/04/sunpharma-10.jpg) ![Sun & Ranbaxy Investor Presentation](https://images.firstpost.com/wp-content/uploads/2014/04/sunpharma-11.jpg) ![Sun & Ranbaxy Investor Presentation](https://images.firstpost.com/wp-content/uploads/2014/04/sunpharma-12.jpg) ![Sun & Ranbaxy Investor Presentation](https://images.firstpost.com/wp-content/uploads/2014/04/sunpharma-13.jpg) ![Sun & Ranbaxy Investor Presentation](https://images.firstpost.com/wp-content/uploads/2014/04/sunpharma-14.jpg) ![Sun & Ranbaxy Investor Presentation](https://images.firstpost.com/wp-content/uploads/2014/04/sunpharma-15.jpg) ![Sun & Ranbaxy Investor Presentation](https://images.firstpost.com/wp-content/uploads/2014/04/sunpharma-16.jpg) ![Sun & Ranbaxy Investor Presentation](https://images.firstpost.com/wp-content/uploads/2014/04/sunpharma-17.jpg) ![Sun & Ranbaxy Investor Presentation](https://images.firstpost.com/wp-content/uploads/2014/04/sunpharma-18.jpg)
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