
Acquisitions23 Sept 2025, 08:51 pm
Torrent Pharma Acquires Controlling Stake in J.B. Chemicals & Pharmaceuticals from KKR: Approval Received from Competition Commission, South Africa
AI Summary
Torrent Pharmaceuticals Ltd. has announced that it has received approval from the Competition Commission, South Africa for the acquisition of a controlling stake in J.B. Chemicals & Pharmaceuticals from KKR. This announcement follows a media release dated 29th June 2025 and a stock exchange intimation dated 3rd July 2025. Torrent Pharma is committed to maintaining fair and consistent relationships with all its customers.
Key Highlights
- Torrent Pharmaceuticals to acquire controlling stake in J.B. Chemicals & Pharmaceuticals from KKR
- Approval received from the Competition Commission, South Africa
- Follows a media release dated 29th June 2025 and a stock exchange intimation dated 3rd July 2025
- Torrent Pharma committed to fair and consistent relationships with all customers