Ranbaxy-Daiichi deal on track, may happen off mkt: Sources

Daiichi deal has hit a hurdle as SEBI has rejected the stake sale on stock exchanges. As per the latest updates, Ranbaxy-Daiichi deal is on track and can happen off market now, reports CNBC-TV18 quoting sources. Ranbaxy promoters can't avoid capital tax on the Daiichi deal. Daiichi is not renegotiating the deal with Ranbaxy and is already paying Ranbaxy shareholders open offer price. As per the sources, Ranbaxy-Daiichi deal needs no further clearance. Earlier, Ranbaxy had sought NSE, BSE nod… More information...

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