login
who are we?
contact us
qosheapp
Toi Staff
Gideon Levy
Dr Ramzy Baroud
Rachel Marsden
Belen Fernandez
Tarik Cyril Amar
Muhannad Ayyash
Somdeep Sen
Yara Hawari
Stephanie A. Sarkis Ph.d
Maximilian Hess
Santiago Zabala
Sabine Sterk
Nick Buxton
Billionaire Mehta Brothers-Backed Torrent To Buy Stake In India’s JB Pharma In $1.4 Billion Deal
A JB Chemicals factory in Gujarat in western India.
Torrent Pharmaceuticals—controlled by India billionaire brothers Sudhir and Samir Mehta—has agreed to buy U.S. private equity giant KKR’s stake in JB Chemicals and Pharmaceuticals in a deal valued at 119.1 billion rupees ($1.4 billion).
Torrent Pharma will buy a 46.4% stake in JB Pharma at 1,600 rupees per share and will also purchase up to........
© Forbes
visit website