Back in March 2017, a consortium of KKR and CPPIB had paid around Rs 6,194 crore for a 10.3% stake in Bharti Infratel, at Rs 325 apiece. Bharti Infratel subsequently merged into Indus Towers in end-2020, with the consortium getting a 6% stake in the combined entity. The two had since increased their combined holding to 7.04% - 4.85% for KKR and 2.19% for CPPIB.
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Thursday, February 1, 2024
KKR fully exits Indus, Canada Pension Fund still retains 0.05%
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