KKR fully exits Indus, Canada Pension Fund still retains 0.05%
Fri, Feb 2, 2024 10:03 AM

KKR fully exits Indus, Canada Pension Fund still retains 0.05%

A Flip by Avya Verma
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KKR and CPPIB have sold off their holdings in Indus Towers, India's largest telecom tower company, through multiple block deals to undisclosed buyers, raising over ₹3,900 crore. This comes after the two private equity firms had purchased a 10.3% stake in Bharti Infratel for ₹6,194 crore in 2017. Vi's financial struggles have caused challenges for Indus Towers.

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