Rising Bags Private Equity Investment As Parent Suven Pharma Sells Stake
H.I.G. Capital’s Raisin Aggregator Arm Structures Cash-And-Stake Deal
Executive Summary
Executive Summary: Through a transaction valued at approximately $56.4m, the private equity giant H.I.G. Capital has acquired Suven Pharma’s 25% stake in Rising Pharma Holdings.
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Aceto Strikes Deal To Offload Rising For Just US$15m
Aceto has struck a deal to sell its Rising Pharmaceuticals unit and related businesses to Shore Suven Pharma for US$15 million. The agreement comes shortly after Aceto agreed to divest its chemicals business assets for US$338 million after filing Chapter 11 bankruptcy petitions in the US.
Aceto Files For Bankruptcy As It Offloads Rising And Chemicals Businesses
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