Sanofi-Aventis Expansion in India

Summary

Hoechst GmbH is a 100% subsidiary company Sanofi-Aventis "SA in India. It owned 50.12% of Aventis Pharma India. He purchased all the holdings UrV group.
Analysis

I think, UB Group, which consists of United Breweries, Kingfisher Finvest (ZSE: FNVC-RA), and Makdauell Malyan Holdings Pvt. Company needed to reduce its debt. Sanofi-Aventis' saw in this an opportunity to expand its presence in India.

As I recently noted that large Pharmaceuticals to expand in India, or through cooperation or collaboration [http://www.glgroup.com/News/Relationship-between-Big-Pharmaceuticals-and-the-Indian-Pharmaceuticals-47143.html ], Sanofi-Aventis [SNY] saw this opportunity and took advantage of it.

This acquisition will increase Sanofi share approximately 60%. It would be surprising if Sanofi gradually increases its share in the future, the Indian operations, subject to the laws of India.