WATSON PHARMA EYEING SEKHSARIA CHEMICALS?

CNBC-TV18 has learnt that US based generics major Watson Pharma is in advanced talks to acquire Mumbai based Sekhsaria Chemicals. Sekhsaria Chemicals is a privately held mid-sized bulk drugs and formulations development company and makes a host of bulk drugs or active pharmaceutical ingredients. Moneycontrol India (http://news.moneycontrol.com/india/news/business/drreddyslaboratories/watsonpharmaeyeingsekhsariachemicals/market/stocks/article/208757)