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JB Pharma KKR stake sale: KKR considers selling stake in India's $3 billion JB Pharma

KKR & Co. is reportedly considering selling its 53.8% controlling stake in Indian pharmaceutical company JB Chemicals & Pharmaceuticals Ltd. The US private equity firm is said to be exploring options and seeking financial advisers for a potential sale, with other buyout firms and industry players expressing preliminary interest. JB Pharma s shares have seen a 68% increase in the past year, valuing the company at just over $3 billion. ....

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Apollo Global's Q4 earnings jump 31% on management fees, annuities

Apollo Global Management said on Thursday its fourth-quarter adjusted net income jumped nearly 31%, driven by growth in management fees and earnings from its retirement .. ....

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