
KKR plans to sell 7% in JB Chemicals with an option to offload more
Source: Live Mint Global private equity major KKR is set to trim its holdings in JB Chemicals & Pharmaceuticals Ltd, offloading a 6.8% stake worth $200 million on 27 March, with an option to pare an additional 3.5% stake valued at around $100 million, according to a term sheet reviewed by Mint. The transaction will…