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PAG, an Asian investment firm, acquires majority stake in pharmaceutical packaging firm Pravesha for $200M.
PAG, an Asia-focused investment firm, has acquired a majority stake in Pravesha Industries, a pharmaceutical packaging company, for $200 million.
This follows PAG's $1 billion acquisition of India's largest packaging company, Manjushree Technopack.
Pravesha supplies packaging to major pharmaceutical firms, with 95% of its products used in developed markets like the US and Europe.
Since 2009, PAG has invested over $1.5 billion in India, focusing on sectors with significant growth potential.
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PAG, una empresa de inversión asiática, adquiere participación mayoritaria en la empresa farmacéutica Pravesha por $200 millones.