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Equips the company with additional resources and strategic insight to support its long-term global ambitions.
May 7, 2025
By: Charlie Sternberg
Associate Editor
TPG, a global alternative asset management firm, has entered into a binding agreement to acquire a 35% stake in SCHOTT Pharma’s joint venture SCHOTT Poonawalla from Serum Institute of India (SII). SCHOTT Poonawalla is a joint venture of SCHOTT Pharma and SII, part of the Cyrus Poonawalla Group. TPG Growth, TPG’s middle market and growth equity platform, is funding the investment, along with Novo Holdings as a co-investor. Following the transaction, SII will retain a minority stake in the comp...
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