Current Affairs - International - Discussion

On 8th May 2020, The Carlyle Group, an United States(US) based private equity firm acquired 74% stake in SeQuent Scientific Limited, the largest animal healthcare company from India for Rs.1,587 crore($210 million) for Rs.86 apiece. SeQuent is a pure-play animal healthcare company with global operations and provides pharmaceutical ingredients, formulations and analytical services in more than 100 countries and manufacturing in India, Spain, Turkey, Germany and Brazil.