Tuesday, August 18, 2020

Reliance Retail, India's largest retail chain, has acquired a 60% stake in online pharmacy Netmeds' parent firm Vitalic for about $83.2M (Manish Singh/TechCrunch)

Manish Singh / TechCrunch:
Reliance Retail, India's largest retail chain, has acquired a 60% stake in online pharmacy Netmeds' parent firm Vitalic for about $83.2M  —  Reliance Retail has bought a 60% stake in pharma marketplace Netmeds' parent firm Vitalic for about $83.2 million, it said today …



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Sources: Australian data center provider Firmus is seeking to raise up to $5B in an IPO at the end of October, in one of the largest-ever IPOs in Australia (Julia Fioretti/Bloomberg)

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