Kkr

US-based KKR gets CCI nod to acquire stake in Gentari Renewables

Global investment major KKR has received the competition watchdog CCI's approval to acquire a stake in Gentari Renewables India, a clean energy platform of Malaysia's energy giant PETRONAS. KKR is making the investment through its affiliate Sapphire US HoldCo (USA), LLC, which will subscribe to certain securities of Gentari Renewables India Pte Ltd, the Competition Commission of India (CCI) said on Tuesday. Gentari Renewables India Pte Ltd is engaged in the provision of power generation through renewable energy sources and battery energy storage solutions in India. It is an indirect wholly-owned subsidiary of Petroliam Nasional Berhad (PETRONAS) and belongs to the Malaysian multinational oil and gas company PETRONAS group. The approval follows the proposed investment announced in October, under which KKR is set to acquire a stake in the Indian renewable energy business backed by Malaysian state-owned energy major PETRONAS for around Rs 6,000 crore. KKR already has investments acro

CCI clears KKR-linked entity's investment in Gentari Renewables India

The competition regulator has cleared Sapphire US HoldCo's proposed investment in Petronas-backed Gentari Renewables India, but the deal's financial details remain undisclosed

Carlyle Group, KKR get ready to snatch up bargain leveraged loans

Money managers are looking to capitalise on a selloff in the $1.5 trillion US leveraged-loan market, with more than 85% of loans trading below face value

KKR signs definitive agreement to acquire minority stake in BookMyShow

KKR's investment will support BookMyShow's next phase of growth as the entertainment platform scales its live events business and deepens its offerings across India

Medicover to sell India hospital business to KKR for $1.39 billion

The Swedish healthcare provider will sell its India hospital operations to KKR-managed funds as it sharpens its focus on key European markets

KKR to invest up to $310 million in PMI Electro, buy stake in Allfleet

KKR will acquire a majority stake in Allfleet and a minority holding in PMI Electro

BGMI 4.3 update to bring CSK and KKR themed collectables: What's coming

Krafton confirms new BGMI collaborations with IPL teams Chennai Super Kings and Kolkata Knight Riders as part of the upcoming 4.3 update rollout, starting March 21 onwards

KKR to buy majority stake in XCL Education Holdings in $1.3 billion deal

KKR invests widely in education, backing firms including Lighthouse Learning in India and Taylor's Education Group

KKR sees India nearing inflection point in equities, private markets

CIO Henry McVey expects stock markets to do well in the second half

GIC, Mubadala in talks to join KKR's $10 billion deal to acquire STT GDC

The sovereign wealth funds GIC Pte and Mubadala Investment Co. from Singapore and Abu Dhabi are set to back the KKR-led transaction as minority co-investors

KKR-led group nears deal to buy Singapore data-center firm STT GDC: WSJ

KKR-led consortium with Singtel nears a deal to acquire ST Telemedia Global Data Centres, valuing the firm at over $10 billion amid surging AI-driven demand

KKR raises $2.5 billion to scale Asia-Pacific private credit platform

KKR has raised $2.5 billion for its Asia private credit strategy, highlighting strong investor appetite for performing, privately originated credit across the region

Mizuho to buy majority stake in India's Avendus from KKR for $523 mn deal

Mizuho Securities, part of Japan's third-largest banking group, Mizuho Financial Group, said it will buy 61.6% to 78.3% of Avendus shares and make the bank a consolidated subsidiary

Saviynt raises $700 mn Series B at about $3 bn valuation; KKR leads round

Saviynt has raised $700 million in Series B funding at a $3 billion valuation, led by KKR, to speed up product development, AI capabilities and deeper integration with hyperscalers, software platforms

KKR-backed Serentica may raise up to $8 bn to double clean energy capacity

It currently has 2 GW of installed solar and wind capacity and 2 GW of capacity due to be commissioned within the next 10 months

KKR, PSP Investments inject capital to boost Lighthouse Learning network

KKR and PSP Investments have injected fresh capital into Lighthouse Learning to help the education group expand its school network, boost teaching and tech capabilities, improve operations

KKR aims to raise $15 billion in new Asia private equity fund: Report

KKR started marketing the fund to investors this week, said the sources, who all declined to be named as the information was confidential

CVC in talks to buy KKR's stake in Avendus after Mizuho deal falters

A sale would mark one of the larger pvt equity exits in India's financial services sector, signaling strong investor appetite for country's fast-growing capital markets and wealth management industry

KKR, Blackstone turn India into Asia's buyout HQ after China slow down

Seven global funds now have their Asia private equity heads or co-heads based in Mumbai, including Blackstone's Amit Dixit and KKR's Gaurav Trehan

US pvt firm KKR drops bid to acquire troubled British utility Thames Water

British water and sewage utility Thames Water said on Tuesday that a US investment firm has dropped a rescue bid for the debt-burdened company. Thames Water said private equity company KKR decided not to make a bid and its status as preferred bidder had lapsed. The utility said it is talking to "senior creditors" about an alternative money-raising plan. "Whilst today's news is disappointing, we continue to believe that a sustainable recapitalisation of the company is in the best interests of all stakeholders. We will continue to work with our creditors and stakeholders to achieve that goal," Thames Water chairman Arian Montague said. The cash-strapped company, which provides water and sewage services to 16 million people in and around London, has teetered on the edge of insolvency under about 19 billion pounds ($26 billion) in debt. The utility received court approval in March for 3 billion pounds in emergency funding to keep it from falling into government administration. KKR's ..