By Fola Akinnibi ( July 28, 2016, 3:27 PM EDT) -- Shanghai Fosun Pharmaceutical Group Co. Ltd. will buy a significant stake in Gland Pharma Ltd., an Indian company that manufactures generic injectable drugs for U.S. and Indian markets, from KKR & Co. LP and other shareholders for up to $1.26 billion, the private equity-backed company said on Thursday....
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