WOCKHARDT BUYS PINEWOOD

Pharmaceutical and biotechnology major Wockhardt has acquired Pinewood Laboratories, a branded generic pharmaceutical company in Ireland. The all-cash deal is worth $150 million (Rs 686.91 crore) based on enterprise value. Business Standard (http://www.business-standard.com/common/storypage.php?autono=260581&leftnm=1&subLeft=0&chkFlg=)