AZB acts on $89m KKR exit from Magma Fincorp

“Private equity investor Kohlberg Kravis Roberts and Co (KKR) exited Kolkata-based nonbanking finance company Magma Fincorp through a block deal. KKR had sold a large part in April when Magma Fincorp raised funds through a QIP,” reported The Economic Times.

AZB & Partners advised KKR led by a team of partners Ashwin Ramanathan, Vaidhyanadhan Iyer and lawyers Medha Marathe.

2018-06-05

Deal value: Rs 600 crore ($89m)

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