Why investors are questioning logic behind Biocon Biologics deal value
Shares of Biocon lost nearly 6% since it announced the stake sale
Biocon Biologics has been valued at three times forward revenues, which some feel is below par
How much is Biocon Ltd’s fastest growing business segment worth? Based on a $75-million investment made by a domestic private equity fund, Biocon Biologics India Ltd is worth $3 billion.
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