21 May 07 Sun Pharma to acquire Israel’s Taro Pharmaceutical Industries

Sun Pharma’s shares were up by about 3% to Rs. 1045 after the markets learnt about Sun Pharma’s acquisition of Israel’s Taro Pharmaceutical Industries. Sun Pharma had made the announcement that it was looking to acquire Israel’s Taro Pharmaceutical Industries,Ã‚Â before the opening bell on Monday. Hence the Sun Pharma counter witnessed renewed buying interest as soon as trading began on Monday.

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