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KKR affiliate to sell 17% stake in India Grid Trust  U.S. private equity firm KKR's affiliate, Esoteric, will sell a 17.3% stake in India Grid Trust (IndiGrid) for $213.6 million, the Indian investment firm said on Wednesday. The sale involves 135.8 million IndiGrid shares at an offer price of 132 rupees each. The offer comprises a base offer of 9.66% stake with an oversubscription option of 7.66%. Esoteric, a sponsor of IndiGrid, is also a majority unitholder of IndiGrid Investment Managers, holding a 74% stake. The latter is r...
KKR affiliate to sell 17% stake in India Grid Trust
KKR affiliate to sell 17% stake in India Grid Trust
Source: Reuters
2024-08-22 11:11:51 am
Graeme Swann picks KKR as favourites to lift IPL 2024 trophy Former England cricketer and ex-Rajasthan Royals member Graeme Swann named Kolkata Knight Riders (KKR) as his favourite to win the final of the Indian Premier League (IPL) 2024 saying "they have all the areas covered." The IPL 2024 has reached its end stage of the tournament as Kolkata Knight Riders (KKR) marched into the final, beating Sunrisers Hyderabad (SRH) by eight wickets in Qualfier 1 at Narendra Modi Stadium in Ahmedabad. In Eliminator 1, Rajasthan Royals (RR) knocked out ...
Graeme Swann picks KKR as favourites to lift IPL 2024 trophy
Graeme Swann picks KKR as favourites to lift IPL 2024 trophy
Source: IANS
2024-05-24 05:49:45 pm
Investment firm KKR infuses '$150 million' in AI healthcare firm Infinx Global investment firm KKR on Tuesday confirmed it is acquiring a significant minority stake in AI-driven healthcare revenue solutions provider Infinx for an undisclosed sum. According to reports, the deal size could be around $150 million. In a statement, KKR said this investment will leverage its extensive experience in the global healthcare and technology sectors to accelerate Infinx’s growth and expand the company’s network, Norwest Venture Partners, an existing share...
Investment firm KKR infuses '$150 million' in AI healthcare firm Infinx
Investment firm KKR infuses '$150 million' in AI healthcare firm Infinx
Source: IANS
2024-05-21 12:06:57 pm
KKR to buy India's Healthium Medtech at $839 million valuation, sources say Global investment firm KKR will buy Indian medical devices maker Healthium Medtech from UK-based Apax Partners in a deal that three sources with direct knowledge of the matter say is valued at 70 billion rupees ($838.60 million). Healthium and Apax did not immediately respond to Reuters' requests seeking comment, while KKR declined to comment. KKR will acquire Healthium through a special purpose vehicle - owned by KKR-managed funds - that will have a controlling interest in Healthiu...
KKR to buy India's Healthium Medtech at $839 million valuation, sources say
KKR to buy India's Healthium Medtech at $839 million valuation, sources say
Source: Reuters
2024-05-06 01:52:09 pm
T20 World Cup: `Four spinners... Rinku Singh should have been included`, feels Ex-Pak cricketer Rashid Latif  Former Pakistan cricketer Rashid Latif believes instead of having four spinners, India would have taken three and added Rinku Singh to the squad for the ICC T20 World Cup, starting next month. There has been a lot of discussion over BCCI's decision to not include Rinku Singh in the 15-member squad for the upcoming T20 World Cup. BCCI chief selector Ajit Agarkar even clarified that it wasn't Rinku Singh's fault as he did nothing wrong. The explosive batter showed brilli...
T20 World Cup: `Four spinners... Rinku Singh should have been included`, feels Ex-Pak cricketer Rashid Latif
T20 World Cup: `Four spinners... Rinku Singh should have been included`, feels Ex-Pak cricketer Rashid Latif
Source: IANS
2024-05-03 05:56:27 pm