KKR considers selling stake in India’s $3 billion JB Pharma
Wed, Feb 28, 2024 4:05 PM

KKR considers selling stake in India’s $3 billion JB Pharma

A Flip by Avya Verma
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KKR & Co. is exploring options including selling its controlling stake in India’s JB Chemicals & Pharmaceuticals Ltd. amid interest from potential buyers, according to people familiar with the matter.The US private equity firm is looking to hire financial advisers to help evaluate a sale of its 53.8% stake in the Mumbai-based company, the people said, asking not to be identified.

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