Torrent to acquire JB Pharma stake from KKR
- finminati
- Jul 1
- 1 min read
Updated: Jul 8
A 1-minute summary
1 July 2025, Tuesday
Ahmedabad-based drugmaker Torrent Pharmaceuticals is set to acquire a controlling stake in JB Chemicals and Pharmaceuticals from global investment firm KKR. The acquisition would be followed by a merger between the two entities.
Torrent would acquire 46.39% equity stake for ₹11,917 crores, followed by an open offer for 26% stake from public shareholders. It also intends to acquire 2.80% stake from some employees of JB Pharma.
The deal would strengthen Torrent’s presence in India and allow its entry into the CDMO segment.
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