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Torrent Pharma to acquire majority stake in JB Chemicals & Pharmaceuticals for around Rs 19,500 cr
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....orrent Pharma to acquire majority stake in JB Chemicals & Pharmaceuticals for around Rs 19,500 cr<BR>PTI News<BR>Dated:- 29-6-2025<BR>PTI<BR>New Delhi, Jun 29 (PTI) Torrent Pharmaceuticals on Sunday a....
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....nnounced the acquisition of majority stake in J B Chemicals and Pharmaceuticals in a Rs 19,500 crore deal to become India's second most-valued pharma company. Torrent will acquire 46.39 per cent sta....
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....ke from the promoters for about Rs 11,917 crore. It would additionally buy another 2.80 per cent from certain employees of JB Chemicals at the same acquisition price of Rs 1,600 per share (about Rs 71....
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....9 crore). Post this, it would make an open offer for buying 26 per cent from open market, as per listing norms, at a price of Rs 1,639.18 per share (totaling Rs 6,842.8 crore). This will be the se....
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....cond biggest deal in the pharma sector ever. "Torrent Pharmaceuticals Limited and global investment firm KKR today announced that Torrent has entered into definitive agreements to acquire controllin....
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....g stake in J B Chemicals and Pharmaceuticals from KKR at an equity valuation of Rs 25,689 crores (on fully diluted basis), followed by a merger of the two entities," a company statement said. The tr....
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....ansaction marks a significant step in Torrent's ambition to create a future-ready, diversified healthcare platform combining a deep chronic segment heritage with emerging international CDMO capabiliti....
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....es. PTI ANZ DRR<BR> News - Press release - PIB....