KKR to invest $186 million in unit of India’s Sintex Group

Date posted: Monday 14 May 2018

Sintex-BAPL Ltd, a subsidiary of Sintex Plastics Technology Pvt. Ltd, said private equity fund KKR India and its affiliates have agreed to invest Rs.1,250 cr. in the company. Sintex-BAPL is part of the Ahmedabad-based textiles and plastics manufacturer Sintex Group which was de-merged in May last year.

(DealStreet Asia)