Big Deal

Metro Bank’s Majority Shareholder Explores Stake Sale Amid Private Equity Interest

Colombian billionaire Jaime Gilinski Bacal, Metro Bank's controlling shareholder with a 52.87% stake, is actively exploring a sale of his position following unsolicited investor interest and a sustained share price recovery. This development comes...

Health & Life Sciences

Torrent Pharma’s $1.4B JB Pharma Acquisition: KKR Exit Catalyzes CDMO Power Play

In a landmark transaction reshaping India's pharmaceutical landscape, Torrent Pharmaceuticals announced the acquisition of KKR's 46.39% controlling stake in JB Chemicals & Pharmaceuticals for ₹11,917 crore ($1.4 billion), with the full equity...