Daily Current Affairs on KKR to buy 54% Stake in JB Chemicals and Pharmaceuticals for General Knowledge ( All Exams) Preparation

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Daily Current Affairs

KKR to buy 54% Stake in JB Chemicals and Pharmaceuticals

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KKR to buy 54% Stake in JB Chemicals and Pharmaceuticals
  • Global investment firm KKR will buy a 54% equity stake in JB Chemicals and Pharmaceuticals, a Mumbai based pharmaceutical major for Rs 3,109 crore.
  • KKR will make the investment through its subsidiaries, Tau Investments Holdings Pte. Ltd., Tau Holdco Pte. Ltd., and KKR Asia III Fund Investments Pte.
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