Indian Billionaire's Vaccine Maker Hunts for Acquisitions

  • Head of Asia’s largest vaccine maker expects consolidation
  • Could sell stake in his firm and debt to buy smaller rivals

Adar Poonawalla.

Photographer: Dhiraj Singh/Bloomberg

The chief executive officer of Asia’s largest vaccine maker said he will consider selling a stake to private equity investors as he hunts for acquisitions in preparation for a bout of consolidation to hit the industry over the next few years.

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