Tatas to buy 51% in 1MG for $230mn

Tatas to buy 51% in 1MG for $230mn India’s largest conglomerate Tata Group will acquire a majority stake in e-pharmacy retailer 1MG, broadening its presence in the medical economy. Not too long ago, the conglomerate used to be in the pharma manufacturing business. https://ift.tt/eA8V8J