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  1. Which US private equity giant has agreed to acquire a 54% stake in Mumbai-based drug manufacturer JB Chemicals & Pharmaceuticals for approximately Rs 3100 crore?

    2. A.
    The Blackstone Group
    B.
    Kohlberg Kravis Roberts & Co.
    C.
    The Carlyle Group
    D.
    KKR Group

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    Answer : Option D

    Explanation :

    US private equity giant KKR has agreed to acquire a 54% stake(41.7 million or 4.17 crore fully paid up equity shares) in Mumbai-based drug manufacturer JB Chemicals & Pharmaceuticals for approximately Rs 3100 crore. KKR will make the investment through its subsidiaries, Tau Investments Holdings Pte. Ltd., Tau Holdco Pte. Ltd., and KKR Asia III Fund Investments Pte.

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