Both tranches were sold against upfront cash payments in the first quarter of this year. VSJ Investments won both the portfolios at an uncontested Swiss challenge auction, the people cited above said. Under Swiss auction, the VSJ Investments offer would be the anchor offer and it would have first right to match any counter bid that Piramal would have received.from Stocks-Markets-Economic Times https://ift.tt/hYr62DE
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