KKR buys majority stake in LEAP India
In a statement, KKR said the investment builds on macroeconomic tailwinds and logistics is expected to play a critical role in driving India's growth in the next 25 years.
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In a statement, KKR said the investment builds on macroeconomic tailwinds and logistics is expected to play a critical role in driving India's growth in the next 25 years.
Global Invesmtent firm KKR has acquired majority stake in Pallet Pooling Platform LEAP India on Wednesday
According to media reports, the company is also looking to go public and raise nearly Rs 1,000 crore through the IPO.
KKR has signed definitive agreements to acquire a majority stake in LEAP India, a pallet pooling platform in India. ET first reported that KKRs infrastructure fund was in talks to acquire a majority stake in LEAP at an enterprise value of up to Rs3,000 crore. KKR is making this investment as part of its Asia infrastructure strategy.
Global private equity major KKR & Co said Wednesday it has agreed to pick up a majority stake in logistics solutions company Leap India, a move that will push the ......