Published by Global Banking & Finance Review®
Posted on August 20, 2025
1 min readLast updated: January 22, 2026
Add as preferred source on GoogleAurobindo Pharma is leading the race to acquire Zentiva for $5.5 billion, potentially marking the largest acquisition by an Indian pharma firm.
(Reuters) -India's Aurobindo Pharma is leading the race to buy Prague-based drugmaker Zentiva for up to $5.5 billion, the Economic Times reported on Wednesday, in what could be the largest-ever acquisition by an Indian pharmaceutical firm.
Aurobindo is in talks with Zentiva's owner U.S.-based private equity firm Advent International, the report said, citing people aware of the matter.
However, Aurobindo, in a statement to exchanges, said no binding agreements have been signed by the company's board.
The company's shares slid as much as 4.7% in early trade after the report, before trimming it to 3.7% lower.
Advent International and Zentiva declined to comment on the report.
(Reporting by Kashish Tandon in Bengaluru; Editing by Harikrishnan Nair)
The reported acquisition price for Zentiva is up to $5.5 billion.
Zentiva is currently owned by U.S.-based private equity firm Advent International.
Aurobindo's shares slid as much as 4.7% in early trade following the report, before recovering slightly to a 3.7% decline.
Aurobindo stated that no binding agreements have been signed by the company's board.
Both Advent International and Zentiva declined to comment on the report.
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