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Grapevine: Fairfax Group, Bain in last leg for API maker; ChrysCap nears deal for Belgian Waffle

VCCircle · 9m

Fairfax Group and Bain Capital are vying to acquire Vadodara-based API maker Farmson Basic Drugs, in a deal worth around Rs 4,000 crore. The final bids are expected soon, after both companies completed due diligence. Farmson Basic Drugs is a supplier of active pharmaceutical ingredients.