Financial Daily from THE HINDU group of publications
Friday, Oct 22, 2004
Financial Daily from THE HINDU group of publications Friday, Oct 22, 2004 |
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Money & Banking
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Financial Services Rabo India to advise Sterling Biotech on overseas buy Our Bureau
Mumbai , Oct. 21 RABO India Finance has been appointed as a sole advisor to Sterling Biotech Ltd to identify and arrange for overseas acquisition opportunities in the European market. In addition, Rabo India Finance has also extended a Rs 40-crore long-term funding facility to Sterling Biotech, a news release from Rabo India Finance said. According to Mr Sanjiv Bhasin, CEO, Rabo India, said "We will be working with the research team of a leading German bank specialising in distinct niche and emerging sectors including life sciences and biotechnology to identify the best opportunities for Sterling Biotech. " . Rabo India Finance has inked a strategic alliance with this German bank to tap the growing cross border mergers and acquisitions activity between life sciences companies of both these countries.
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