Global investment firm KKR has agreed to acquire a majority stake in LEAP India, a pallet pooling platform, reportedly for over $350 million. Simpson Thacher & Bartlett and AZB & Partners are acting for KKR while LEAP is being advised by boutique Indian law firm, Anagram Partners.
The transaction is expected to be completed by the third quarter of this year, subject to customary pre-closing and closing conditions.
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