KKR acquires a 10% stake in CG Power from Vistra ITCL for $12m.

Synopsis

KKR India Financial Services, a leading private equity firm acquires a 10% stake in CG Power and Industrial Solutions from Vistra ITCL (India) for $12.49m. KKR India Debt Opportunities Fund II and KKR India Financial Services have acquired over 62.6m shares in CG Power.

Principals

target

Cg Power And Industrial Solutions

bidder

Kkr India Financial Services

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Market Context