Founders seeking exit value Sequent Scientific at Rs 2,500 crore
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Sequent's market cap as on Tuesday was Rs 1,670 crore. But the
founders are seeking a control premium of 49.7% or 18-20x forward
Ebitda multiple, valuing the company at Rs 2,100-2,500 crore, sources
said. Some, however, worry that such expectations may turn out to be a
potential deal breaker.
https://economictimes.indiatimes.com/industry/healthcare/biotech/pharmaceuticals/founders-seeking-exit-value-sequent-scientific-at-rs-2500-crore/articleshow/72357905.cms
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