Torrent Pharmaceuticals Limited (“Torrent”) and global investment firm KKR announce that Torrent has entered into definitive agreements to acquire controlling stake in J. B. Chemicals and Pharmaceuticals (“JB Pharma”) from KKR at an Equity Valuation of INR 25,689 crores (on fully diluted basis), followed by a merger of the two entities. The transaction marks a significant step in Torrent’s ambition to create a future-ready, diversified healthcare platform combining a deep chronic segment heritage with emerging international CDMO capabilities. J.B. Pharma (BSE: 506943 | NSE: JBCHEPHARM | ISIN: INE572A01028), is one of the fastest growing pharmaceutical companies in India and a leading player in the hypertension segment.
Read the full article: Torrent Pharma to Acquire Controlling Stake in J. B. Chemicals & Pharmaceuticals from KKR //
Source: https://www.businesswire.com/news/home/20250629033492/en/Torrent-Pharma-to-Acquire-Controlling-Stake-in-J.-B.-Chemicals-Pharmaceuticals-from-KKR