Torrent Pharma Seeks $3 Billion to Acquire KKR’s Stake in JB Chemicals
Torrent Pharmaceuticals Ltd. is reportedly considering raising up to $3 billion from global banks to acquire a controlling stake in JB Chemicals & Pharmaceuticals Ltd. The Indian drugmaker is exploring various financing options, including issuing dollar and local currency bonds, to fund the potential purchase of KKR & Co.’s 53.8% stake in JB Chemicals, according … Read more