Teva divesting $1 billion in assets to clear Allergan deal

The assets that Teva is divesting span the United States, Europe and the Middle East, and will be sold in a series of processes that are expected to be completed in early 2016, the sources said. Teva expects to complete its US divestitures by January, and has received offers from a number of generic pharmaceutical companies, one of the sources added.

Read more at: http://www.moneycontrol.com/news/world-news/teva-divesting-361-bnassets-to-clear-allergan-deal_4457341.html?utm_source=ref_article

This asset sale is in addition to the following news
Teva needs to sell a range of overlapping generic drugs in order to gain antitrust approval for its $40.5 billion purchase of Allergan Plc’s generics business. The portfolio contains about 35 generic products for the US market, including oral solids, capsules, soft gels and hormones, one of the people said.
http://www.livemint.com/Companies/BBp8FW8b90YXMiZ9DT4XAK/Glenmark-Sun-Pharma-Cipla-said-to-weigh-bid-for-Teva-portf.html

So if I understood it correctly, there is a drug portfolio as well as assets up for sale.
Torrent is in a sweet spot to benefit from any good opportunity that comes along.

Please pardon my sarcasm, but Admin sir could have moved the thread to Q&A section (without creating any scene), if it was so easy .

Also, fully appreciate people's love for rules abiding forum. Wish you a rule abiding forum, serving thousands of naive investor, saving them from preying piranhas (Though I have serious doubts on efficacy/possibility of the same). Please, wish me sleepless night, trying to understand valuation anomalies in small/micro-cap stocks.

Frankly speaking, I was residing in an old world vp, where ideas were challenged, counter-challenged, people's short-comings were ignored, everyone put there best foot forward, and we collaboratively find new ideas; peoples were genuinely interested in new ideas, and minting money out of it.

These days people here seems to be more interested in following rules and guidelines, finding shortcomings (rather than filling shortcomings), telling how bad someone's behavior/post is. Sadly, I don't feel at home here anymore !!!

sinha124Santosh SinhaSantosh Sinha1h
Look at this FHCO listed at Nasad has obly 500 cr m cap and PE is only 10

A stock PE have various phases according to the business cycle ..when the business is expected to grow at a very healthier rate and with sales the profit margins are expected to expand then the stock is given a high PE ratio.. which you can see in the case of eicher motors or page industries .

FCHO is not expected to grow the sales and profits in a way cupid is expected to grow.
so you cant compare two different businesses in different geographies at different business cycles on the basis on PE only .

Zee has financial muscle, and treehouse appears to have execution capability. K-12 business of Zee Learn (Mount Litera) is much bigger and covers almost entire length and breadth of country. If K-12 segment is transferred to Zee Learn, and Kidzee is transferred to treehouse; it can be a great arrangement. Yesterday Zee Learn promoters brought 10% stake from treehouse promoters, thus it appears that Zee wants strategic stake in treehouse. Looks good for the business of treehouse....... if any hostile attempt is there (looks unlikely), it is good to be with the company being acquired.

hi sta,

They buy it from different vendors. As far a I remember private companies like Pyramid Packaging (corrugated boxes), Dynaflex (Tamper evident security envelopes & corrugated boxes) supplies a significant chunk. Dynaflex in an interview in 2014 said they have relationship since the day Flipkart started in Bangalore and supplies close to 50% of their requirement (not sure about which packing material they were referring to, Please see the link here.

Also Pyramid packaging supplies a big chunk to ecom companies. Read here .

Overall its an unorganized market. Most of the players in the industry does jobbing work like some makes the paper, some does printing, few players takes the order and outsource it to vendors. Only three players TCPL, Borkars and Parkers are integrated players.

Thanks
Kunal