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Torrent to retain JB Pharma top deck after acquisition
July 01, 2025
|Mint Mumbai
Ahmedabad-based drugmaker Torrent Pharmaceuticals will not make leadership changes at JB Chemicals and Pharmaceuticals, its management told investors in a call on Monday, a day after announcing a nearly ₹19,500-crore deal to buy a controlling stake.
Torrent said on Sunday that it would acquire a controlling stake in JB Pharma from global investment firm KKR, at an equity value of ₹25,689 crore.
"At this stage, all we can share is that there is no intention to change anything in business as usual," Aman Mehta, whole time director and managing director-designate at Torrent told investors when asked about leadership plans for JB Pharma.
هذه القصة من طبعة July 01, 2025 من Mint Mumbai.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
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