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Billionaire Mehta Brothers’ Torrent To Buy Stake In India’s JB Pharma In $1.4 Billion Deal | The New York Ledger

Summary by The New York Ledger
A JB Chemicals factory in Gujarat in western India. Thanks To JB Chemicals Gush Pharmaceuticals— managed by India billionaire siblings Sudhir and Samir Mehta— has actually consented to purchase U.S. personal equity giant KKR’s stake in JB Chemicals and Pharmaceuticals in an offer valued at 119.1 billion rupees ($ 1.4 billion). Gush Pharma will purchase a 46.4% stake in JB Pharma at 1,600 rupees per share and will likewise buy as much as 2.8% of …
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The New York Ledger broke the news in on Monday, June 30, 2025.
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