Strides Latina's Slate Wiped Clean

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India's Strides Arcolab and South Africa's Aspen Pharmacare have completed their tie-up, which gives Aspen a 50% stake in Strides' Latin American operations. Aspen injected US$152.5mn into Strides Latina as part of the deal, clearing the subsidiary's debts. Here, BMI analyses the opportunities for expansion offered by the