Exclusive: KKR changes tack to monetise JB Pharma bet as suitors balk at valuation ask

By Debjyoti Roy

  • 27 Sep 2024
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Credit: Reuters

Private equity giant KKR is considering a new multi-billion dollar plan to monetise its four-year-old bet on JB Chemicals & Pharmaceuticals Ltd, also known as JB Pharma, after preliminary talks with several suitors to sell its stake in the drugmaker stalled over differences on valuation. KKR has been in talks with ......

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