Piramal sells health insight biz to US co for $950m

Piramal Enterprises (PEL) is divesting its healthcare insights and analytics business — Decision Resources Group (DRG) — to US-based Clarivate Analytics for $950 million (around Rs 6,500 crore). PEL had invested $650 million in​ 2012 to acquire DRG, of which $260 million was infused as equity.

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