Torrent Pharmaceuticals executives recently commented on their acquisition strategy and expectations even as speculation around deals for Indian companies like JB Chemicals & Pharmaceuticals and Bharat Serums And Vaccines Limited were doing the rounds, with Torrent also in the mix of rumored bidders.
Recently, Mankind Pharma Ltd. bought out 100% of BSV for an enterprise value of about INR136.3bn ($1.6bn). (Also see "Podcast: Amid Talk Of KKR Stake Sale, JB CEO Stresses Business As Usual" - Scrip, 4 June, 2024
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