Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag PAG, an Asian investment firm, acquires majority stake in pharmaceutical packaging firm Pravesha for $200M.

flag PAG, an Asia-focused investment firm, has acquired a majority stake in Pravesha Industries, a pharmaceutical packaging company, for $200 million. flag This follows PAG's $1 billion acquisition of India's largest packaging company, Manjushree Technopack. flag Pravesha supplies packaging to major pharmaceutical firms, with 95% of its products used in developed markets like the US and Europe. flag Since 2009, PAG has invested over $1.5 billion in India, focusing on sectors with significant growth potential.

7 Articles