KKR India buys 10 per cent stake in CG Power
Private equity giant KKR India picked up 10 per cent stake in CG Power and Industrial Solutions for over Rs 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 Services bought a total number of over 6.26 crore shares or 10.01 per cent stake in CG Power.
The scrips were bought at an average price of Rs 14.25 apiece, amounting to a total of Rs 89.31 crore. The shares were sold by Vistra ITCL (India) Ltd.
