The US private equity firm is working with an investment bank as it considers selling about $750 million worth of stock in JB Pharma, the people said, asking not to be identified because the matter is private.The size of the stake sale could be increased to $1 billion based on investor demand, the people said.Shares of JB Pharma have gained about 16 per cent this year, valuing the company at about $3.5 billion.Considerations are ongoing and no final decisions have been made, the people said.KKR may seek to launch the stock sale as soon as in the next few weeks, they said.

KKR may sell $750 million stake in JB Pharma

38,1493,208,178,2020,3101

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is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 88 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.

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{{magzter}} is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 88 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.