KKR to acquire majority stake in LEAP India

KKR has agreed to pick up a majority stake in Leap India, logistics solutions company, a move that will push the firm’s presence in the infrastructure space in Asia.
This adds to KKR’s infrastructure bets in India that include investments in a decarbonisation platform, renewable energy companies, highways and power transmission. The deal is likely to be closed by the third quarter of 2023. The financial details of the transaction have not been disclosed.