India Digest: Cipla buys Mirren; CapitaLand drops out of deal; Bajaj Hindusthan update

Men walk past a sign at a construction site just off on Singapore's main shopping boulevard Orchard Road November 17, 2009. REUTERS/Rob Dawson

Cipla Ltd India subsidiary has acquired a 100 per cent stake in Mirren (Pty) Limited, a South African over-the-counter pharmaceutical manufacturer and distributor, while Bajaj Hindusthan Sugar looks to divest its entire 17.51 per cent stake in group firm Lalitpur Power Generation Company Ltd. Separately, Singapore’s CapitaLand has withdrawn from talks to buy infotech parks owned by Blackstone in Pune.

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