Torrent Pharma closes in on JB Chem likely for $2.4 bn buyout, eyes $1.6 billion financing

June 28, 2025

Torrent Pharma is in advanced talks with KKR to acquire JB Chemicals and Pharmaceuticals, reviving discussions from last year. The deal involves Torrent acquiring KKR’s 47.84% stake and launching an open offer, potentially leading to a Rs 20,734.61 crore buyout. This acquisition would bolster Torrent’s branded generics portfolio and provide entry into the CDMO business.

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Yes Bank Q4 Results: Net profit rises 45% to Rs 1,068 crore, NII up 16% YoY

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