Torrent Pharma to acquire majority stake in KKR-backed JB Chemicals at ₹25,689 crore valuation — Details here

Torrent Pharma announced on 29 June 2025 that it is in definitive agreements with global investment giant KKR to acquire a majority stake in JB Chemicals. The deal is set to be carried out at an equity valuation of ₹25,689 crores on a fully diluted basis from KKR-owned Tau Investment Holdings. 

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