KKR in talks to buy majority stake in India’s Altico Capital

FILE PHOTO: Trading information for KKR & Co is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 23, 2018. REUTERS/Brendan McDermid/File Photo

Global private equity firm KKR is in initial discussions with shareholders of Mumbai-based Altico Capital to buy a controlling stake in the real estate-focussed non-banking financial company (NBFC), two people aware of the development said on the condition of anonymity.

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