Competition Commission of India

Competition Commission of India

CCI Approves Acquisition of J. B. Chemicals by Torrent Pharmaceuticals

The Competition Commission of India has approved the acquisition of J. B. Chemicals & Pharmaceuticals Limited by Torrent Pharmaceuticals Limited, subject to voluntary modifications. The acquisition involves Torrent Pharmaceuticals acquiring shareholding in J. B. Chemicals, which manufactures and markets pharmaceutical formulations and active pharmaceutical ingredients. A detailed order will follow.