KKR India buys 10% in CG Power
NEW DELHI: Private equity giant KKR India on Monday picked up 10% stake in CG Power and Industrial Solutions for over 89 crore through open market transactions. As per the latest bulk deal data on the NSE, KKR India Debt Opportunities Fund II and KKR India Financial ServicesNSE -0.98 % bought a total number of over 6.26 crore shares or 10.01% stake in CG Power.
The scrips were bought at an average price of 14.25 apiece, amounting to a total of 89.31 crore.
The shares were sold by Vistra ITCL (India) Ltd.
