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Business News/ Companies / Piarmal acquires health information firm DRG for Rs3,400 crore
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Piarmal acquires health information firm DRG for Rs3,400 crore

Piarmal acquires health information firm DRG for Rs3,400 crore

A file photo of Ajai Piramal.Premium

A file photo of Ajai Piramal.
A file photo of Ajai Piramal.

The deal, which will be concluded by the end of June, marks the entry of Piramal Group into the $5.7 billion global healthcare information industry.

Decision Resources is currently owned by private equity firm Providence Equity Partners.

The deal is part of Piramal Healthcare’s diversification plan following the sale of its core domestic drug formulation business in 2010.

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Published: 16 May 2012, 03:09 PM IST
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