Page 2 - Kkr

KKR mulls selling controlling stake in Indian school chain EuroKids Int'l

KKR could seek a valuation of about $1 billion for its majority stake, the people said

PE firm KKR considers selling controlling stake in JB Pharma: Report

The US private equity firm is looking to hire financial advisers to help evaluate a sale of its 53.8% stake in the Mumbai-based company, the people said

Chipmaker Broadcom sells remote-access unit to PE firm KKR in $4 bn deal

The end-user computing (EUC) unit will become a standalone company and will continue to be run by its existing management team led by Shankar Iyer, KKR said in a statement on Monday

Roads and renewables: Global PE major KKR to raise infra bet in India

Major portion of $6.4 billion Asia-Pacific fund set to be routed to India

Goldman, JP Morgan launch $5 billion loan for KKR's Cotiviti stake deal

The sale is broken up into a $4.4 billion floating rate term loan led by JPMorgan Chase & Co. and a $600 million fixed rate term loan led by Goldman Sachs Group Inc

IndiGrid plans to raise Rs 1,000 crore for acquisitions, debt rejig

IndiGrid has announced the acquisition of 100 per cent of ReNew Solar Urja Private Limited (RSUPL). The deal is expected to be valued at Rs 1,650 crore

KKR, 2 other entities sell Indus Towers' share worth Rs 3,978 crore

Private equity major KKR, Canada Pension Plan Investment Board (CPPIB) and another entity sold Indus Towers' shares worth Rs 3,978 crore through open market transactions on Thursday. KKR through its arm Silverview Portfolio Investments Pte offloaded shares of telecom infrastructure major Indus Towers on the BSE. As per the bulk deal data, Silverview Portfolio Investments sold 13.08 crore shares of Indus Towers, while CPPIB disposed of more than 5.76 crore shares of the company, amounting to a 4.85 per cent and 2.14 per cent stake, respectively, in Indus Towers. Patronus Tradetech LLP also offloaded 2.26 lakh shares of telecom infrastructure company, as per the bulk deal data. The shares were sold within the price range of Rs 210.21-215.28 apiece, taking the transaction size to about Rs 3,977.94 crore. After the latest transaction, KKR through Silverview Portfolio Investments Pte sold its entire 4.85 per cent equity stake and exited the company, while shareholding of Canadian Pensi

KKR-backed Invit snaps up 12 road projects for Rs 9,005.70 crore

The road portfolio comprises 11 hybrid annuity concessions from the National Highways Authority of India (NHAI) and one toll road concession from the Uttar Pradesh State Highways Authority (UPSHA)

Starc will be X-factor, leader of KKR attack in IPL 2024: Mentor Gambhir

Kolkata Knight Riders mentor Gautam Gambhir has justified his franchise bidding for Mitchell Starc for a record-breaking amount, saying that the Australia quick will be the X-factor and the leader of the bowling pack. KKR shelled out a jaw-dropping Rs 24.75 crore to get the services of Starc in the IPL auction in Dubai on Tuesday. "He (Starc) is an X-factor, there is no doubt about that. Someone who can bowl with the new ball, bowl in the death overs and more importantly, someone who can lead the attack," Gambhir, who was present at the auction, said. "He is going to be of massive help to our two domestic bowlers because both of them are very talented and you need someone to help them out in the middle and Starc covers those bases. "It is not only about his bowling but also about leading the attack and helping all guys around him. So, somebody will have to pay for it," the former India opener told Jio Cinema. Gambhir, who captained KKR to two IPL titles, said for him having a stro

IPL 2024 auction: Kolkata Knight Riders entire squad and players' salary

Check all the players' salaries and the full squad of the Kolkata Knight Riders after the completion of the IPL 2024 auction

IPL 2024 Auction: Players on Knight Riders's radar for a competitive squad

With Rs 32.7 crore in their purse, Kolkata Knight Riders (KKR) would be on a look out for 12 players (4 overseas) to build a perfect squad under new mentor Gambhir

IPL 2024 auction: Full list of released and retained players by KKR

Kolkata released a total of 12 players which included ageing giants like Tim Southee and Umesh Yadav and young guns like Lockie Ferguson, and Shardul Thakur as well

KKR-backed Avendus to tap tech investment banking deals in Southeast Asia

Majority owned by KKR, Avendus is best known in India for advising large startups such as SoftBank-backed food delivery firm Swiggy and eyewear retailer Lenskart on their fund raising

KKR sells industrial properties across United States worth over $560 mn

Since the pandemic sparked a shift away from traditional brick-and-mortar stores and towards online shopping, retailers continue to have a high demand for industrial buildings like warehouses

Reliance Retail receives full subscription amount of Rs 2,069 cr from KKR

Reliance Retail Ventures Ltd, the retail arm of Reliance Industries, has received the full subscription amount of Rs 2,069.50 crore from the global investment firm KKR and has allotted 1.71 crore equity shares. Following the share allotment, KKR's shareholding in Reliance Retail Ventures Ltd (RRVL) has increased to 1.42 per cent, from 1.17 per cent. "Reliance Retail Ventures Ltd today received the subscription amount of Rs 2,069.50 crore from Alyssum Asia Holdings II Pte. Ltd. (KKR) and allotted 1,71,58,752 equity shares to KKR," Reliance Industries said in a regulatory filing on Saturday evening. Earlier this month, Reliance Industries had announced KKR's investment of Rs 2,069.50 crore in RRVL, the holding company of the retail business of billionaire Mukesh Ambani-led group, for a 0.25 per cent additional stake at a valuation of about Rs 8.36 lakh crore. Founded in 1976, KKR has approximately USD 519 billion in assets under management as of June 30, 2023. Earlier this month, RI

Top headlines: KKR to invest in Reliance Retail, gains for rail, infra cos

Business Standard brings you the latest headlines at this hour

KKR to buy up to $44 bln of PayPal's 'buy now-pay later' loans in Europe

Private equity firm KKR has agreed to purchase a substantial portion, or up to 40 billion euros ($43.71 billion), of payments company PayPal's buy now, pay later (BNPL) loans in Europe

IPL 2023: KKR captain Rana fined Rs 24 lakh for slow over-rate against CSK

KKR captain Rana has been fined after his team maintained a slow over-rate during their Indian Premier League (IPL) match against Chennai Super Kings at the MA Chidambaram Stadium in Chennai on Sunday

Global PE major KKR sells RE InvIT Virescent to IndiGrid for Rs 4,000 cr

The transaction will involve IndiGrid taking over all of VRET's 16 project special purpose vehicles, and Virescent will get delisted and dissolved, said executives

Jerseys, sippers, coffee mugs: Fans bat for IPL-themed merchandise

RCB, CSK, MI merchandise in top demand, selling at higher rates