KKR to buy 60% stake in Ramky Enviro Engineers for $530 million
Updated : August 13, 2018 07:54 AM IST
KKR & Co said it would buy a 60 percent stake in environmental solution provider Ramky Enviro Engineers.
The primary cash infusion into the company and purchase of shares from existing shareholders valued Ramky at $925 million.
This is the largest buyout by a private equity firm in India’s environmental services sector.
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