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Advent to buy majority stake in Suven Pharma for $762mn

  Bloomberg Advent International Corp, one of the world’s largest private equity firms, will purchase a controlling stake in India’s Suven Pharmaceuticals Ltd for at least 63.13 billion rupees ($762 million), triggering an open offer to buy further shares in the family-run firm. The buyout firm agreed to acquire 50.1% of Suven from the Jasti family, according to an exchange ...

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China holds biggest military drill near Taiwan since Pelosi trip

Bloomberg China sent 71 warplanes near Taiwan as a part of its biggest display of military might since US House Speaker Nancy Pelosi visited the democratically run island, with Taipei accusing Beijing of “military intimidation.” The Ministry of Defense in Taipei said the flights included 47 Chinese military aircraft that crossed either the median line of the Taiwan Strait or ...

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Drone attack on Russian bomber air base leaves three servicemen dead

Bloomberg Three servicemen were killed during a Ukrainian drone attack at a military air base in southern Russia that hosts strategic bombers, the Defense Ministry in Moscow said. The military personnel died from falling wreckage when Russian air defenses shot down the drone, the state-run Tass news service reported, citing the ministry. No aircraft were damaged, it said. It’s the ...

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