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Torrent seals deal to buy...
Financial Express Lucknow
|June 30, 2025
IN THE FIRST phase, Torrent will acquire KKR's 46.39% stake through a share purchase agreement valued at ₹11,917 crore, translating to ₹1,600 per share.
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It also plans to acquire up to 2.80% additional shares from certain employees of JB Chemicals at the same price, amounting to an estimated ₹719 crore.
Following this, Torrent will initiate a mandatory open offer to acquire up to 26% of JB Chemicals' shares from public shareholders.
The open offer will be made at ₹1,639.18 per share, potentially costing Torrent around ₹6,842.8 crore.
Once the equity acquisitions are complete, the second phase of the transaction will begin.
Bu hikaye Financial Express Lucknow dergisinin June 30, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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