Billionaire Mehta Brothers-Backed Torrent To Buy Stake In India’s JB Pharma In $1.4 Billion Deal

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A JB Chemicals factory in Gujarat in western India.

Courtesy of JB Chemicals

Torrent Pharmaceuticals—backed 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…

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