Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.
KKR unit to acquire IL&FS' stake in Bangalore Elevated Tollway
Global investment firm KKR, through an affiliate entity, is set to acquire crisis-hit IL&FS' stake in Bangalore Elevated Tollway Pvt Ltd (BETPL). Galaxy Investments, a wholly-owned subsidiary of KKR Asia Pacific Infrastructure Holdings, has entered into a definitive agreement with UK's development finance institution CDC's India Infrastructure Fund II to acquire a stake in the company.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.