Tag: Mody Family

KKR acquires controlling stake in JB Chemicals & Pharmaceuticals

KKR, a global investment firm, announced that it has entered into a definitive agreement to purchase a controlling stake in J.B. Chemicals & Pharmaceuticals Ltd, one of the leading Indian pharmaceutical companies specializing in branded formulations.  As part of the agreement, KKR will acquire its stake from the founding Mody family at a purchase price…