Ambit recommends `Buy` on Cipla
Ambit has recommended `Buy` on Cipla with a price target of Rs 355 as against the market price of Rs 304 in its report dated Aug. 17, 2010.
BASF SE said Monday that it would buy Swiss specialty chemicals maker Ciba Holding for about $5.35 billion in cash - a move that augments the German company's presence worldwide.