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Private Equity

India: PE Major KKR Snaps Up 10% Stake In Max Financial Services

by dealstreetasia.com posted 2years ago 9150 views
<span style="line-height: 18.9091px;">Global private equity firm&nbsp;</span>KKR and Co. Lp&nbsp;<span style="line-height: 18.9091px;">has acquired 9.95% stake in&nbsp;</span>Max Financial Services,<span style="line-height: 18.9091px;">&nbsp;the newly demerged entity of the Max Group that owns an approximate 72% stake in Max Life, India&rsquo;s fourth-largest private life insurance player. KKR acquired the stake from a sponsor group led by Analjit Singh, chairman emeritus of the Max Group.</span>