JB Chemicals block deal! KKR to likely sell up to 10.2% stake worth Rs 2,578 crore: Report

Tau Investment Holdings, a KKR & Co unit, plans to sell a 6.8% stake in JB Chemicals and Pharmaceuticals via a secondary share sale at Rs 1,625 per share. There's an option to oversubscribe to a total of 10.2%. The estimated transaction value for the 6.8% holding is Rs 1,717.4 crore ($200 million).