KKR to Acquire Majority Stake in Ramky Enviro Engineers for US$530 Million (Asia)
Source(s): KKR
Global alternative investment manager KKR has agreed to acquire a 60 percent stake in India-based waste management company Ramky Enviro Engineers for US$530 million. KKR will invest through KKR Asian Fund III via a combination of primary and secondary investments, valuing the company at US$925 million.