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India’s Emcure Pharma Plans 2024 IPO, Hires JP Morgan, Jefferies – Reuters

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© Reuters. India’s Emcure Pharma Plans 2024 IPO, Hires JP Morgan, Jefferies – Reuters

(Updated – September 25, 2023 7:03 AM EDT)

India’s Emcure Pharma Plans 2024 IPO, Hires JP Morgan, Jefferies – Reuters

  • Emcure plans to raise $400-500M
  • Revives listing plans the drugmaker shelved in early 2022 due to the war in Ukraine.
  • Bain Capital plans to sell part of 13% stake.

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