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The Economic Times

Alkem joins $3 bn race for JB Chem as Torrent pauses talks

Alkem Laboratories, India's fifth-largest branded pharmaceutical company, is vying for JB Chemicals and Pharmaceuticals as KKR looks to sell. Torrent Pharmaceuticals has exited negotiations over valuation differences. If successful, this will be Alkem's largest acquisition, enhancing its presence in the chronic segment and potentially moving it to fourth place in the domestic formulations market.

Mint

Torrent Pharmaceuticals, Divis Laboratories & others hit 52 week high today ; Do you own any?

Following shares hit their 52 week high today - Torrent Pharmaceuticals, Divis Laboratories, Abbott India, HCL Technologies, Bajaj Auto

The Economic Times

Torrent Pharma is said to seek raising $3 billion for KKR’s stake in JB Chemicals

Torrent Pharmaceuticals Ltd. is planning to raise up to $3 billion from global banks to acquire a controlling stake in JB Chemicals & Pharmaceuticals Ltd. This move involves the purchase of KKR & Co.'s 53.8% stake in JB Chemicals.

Mint

Torrent, Glenmark, Alkem, Mankind, Lupin among key drivers of Indian pharma market growth during July

Stock Market Today: Torrent Pharmaceuticals, Glenmark Pharmaceuticals, Mankind, Lupin, Alkem Laboratories were among key drivers of pharma market growth during July. Indian pharma market growth remained tepid at 6.1% suggest reports