SK Capital Buys Generic Drug Company Founded by Murdered Canadian Billionaire

OTTAWA—A New York private equity firm has acquired Apotex Pharmaceutical Holdings, a Canadian generic drug maker founded by billionaires. Barry Shermanwas murdered with his wife in their Toronto home, and their deaths have been the subject of a nearly five-year investigation.

SK Capital, which focuses on investments in the pharmaceutical and chemical sectors, said in a statement that it had agreed to acquire a private equity stake. A company based in Toronto. The acquisition price was not disclosed. SK Capital said the deal is subject to regulatory approval. Representatives for SK Capital and Apotex did not respond to requests for comment.