India Digest: RIL in talks to buy Netmeds; Global PE funds eye JB Chemicals

India Digest: RIL in talks to buy Netmeds; Global PE funds eye JB Chemicals

Photo by Brett Jordan on Unsplash

Reliance Industries Ltd (RIL) is reportedly in advanced discussions to acquire a majority stake in online pharmacy Netmeds while private equity firm KKR, Carlyle, Apax Partners and PAG are in the fray to acquire JB Chemicals & Pharmaceuticals Ltd.

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