India's Aurobindo Pharma leads race to buy generic drugmaker Zentiva for $5.5 billion, Economic Times reports
Aug 20 (Reuters) - Indian drugmaker Aurobindo Pharma ARBN.NS is leading the race to acquire Prague-based generic drugmaker Zentiva 1SKF401E.BV from private equity firm Advent International for up to $5.5 billion, the Economic Times reported on Wednesday, citing people aware of the matter. However, Aurobindo Pharma, in a statement to exchanges, said no binding agreements have been signed by the company's board. (Reporting by Kashish Tandon in Bengaluru; Editing by Harikrishnan Nair) ((Kashish.Tandon@thomsonreuters.com; 8800437922;))
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