KKR, Ontario Teachers’ Pension Fund Sell $280-Mn Stake In Road InvIT
KKR & Co and the Ontario Teachers’ Pension Plan (OTPP) have divested units worth $280 million (around INR 2,483 crores) in the NSE-listed Vertis Infrastructure Trust (formerly Highways Infrastructure Trust). Prior to the transaction, KKR held a 71.66% stake and OTPP 24.99%, with KKR selling units worth $226.3 million (around INR 2,007 crores) and OTPP $51.9 million (around INR 460 […]