Page 3 - Kkr & Co

Silver Lake picks 1.75% stake in Reliance Retail for Rs 7,500 crore

US private equity firm Silver Lake Partners will buy 1.75 per cent stake in billionaire Mukesh Ambani-run Reliance Industries Ltd's retail arm for Rs 7,500 crore and may be followed by KKR & Co. Silver Lake will invest Rs 7,500 crore in Reliance Retail Ventures Ltd, a subsidiary of Reliance Industries, for a 1.75 per cent stake, the Indian firm said in a statement. "This investment values RRVL at a pre-money equity value of Rs 4.21 lakh crore," it said. This marks the second billion-dollar investment by Silver Lake in a RIL subsidiary after the USD 1.35 billion investment in Jio Platforms announced earlier this year. The world's largest tech investor picking up a stake in Reliance Retail cements belief that the firm is set to lead a disruptive, technology-led transformation of the Indian retail sector particularly relevant in post-pandemic India. Reliance Retail Limited, a subsidiary of RRVL, operates India's largest, fastest-growing and most profitable retail business spanning ..

KKR in advanced talks to invest $1 billion for stake in Reliance Retail

KKR is in discussions for a stake in Reliance Retail Ventures Ltd., a unit of the largest retailer in India, said the people, who asked not to be identified because the information isn't public

JB Chemicals gains 4%, nears 52-wk high as PE firm KKR to acquire 54% stake

After this transaction, an open offer will be launched to acquire 20.93 million fully paid-up equity shares of JB Chemicals, representing 26 per cent of equity.

KKR targets record $15 billion for new Asia-focused buyout fund in 2020

HONG KONG (Reuters) - Global private equity group KKR & Co Inc is targeting a record $15 billion (£11.7 billion) for a new Asia-focused buyout fund, three sources with knowledge of the plan told Reuters.

KKR targets record $15 billion for new Asia-focused buyout fund: Report

HONG KONG (Reuters) - Global private equity group KKR & Co Inc is targeting a record $15 billion (£11.7 billion) for its new Asia-focused buyout fund, three sources with knowledge of the fundraising plan told Reuters.

KKR consortium cancels biggest Australian Latitude IPO, says report

In what was to be their second attempt at listing in just over a year, KKR, Deutsche Bank and Varde Partners, decided to cancel the expected A$1 billion ($676.20 million) offering on Tuesday

KKR raises bid price for Hitachi Kokusai, extends tender offer to Dec 8

TOKYO (Reuters) - U.S. buyout fund KKR & Co LP has raised its offer price for Japan's Hitachi Kokusai Electric Inc to 3,132 yen a share from 2,900 yen, its second increase, according to a statement issued by Hitachi Kokusai on Friday.

KKR looks to future without Kravis, Roberts at helm

KKR is the latest private equity firm to promote younger executives in preparation for succession

KKR said to be in advanced talks to acquire SRL

The deal could value New Delhi-based SRL at about Rs 5,000 crore