KKR to acquire majority stake in pallet pooling platform LEAP India
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Global investment firm KKR is acquiring majority stake in Indian pallet pooling platform LEAP India. The deal value remained undisclosed. The acquisition of LEAP marks KKR’s latest infrastructure investment in India following its past deals in Hero Future Energies, Serentica Renewables, and Virescent Infrastructure, among others. The transaction is expected to be completed by Q3 2023, subject to customary pre-closing and closing conditions.