- KKR & Co.-backed Advanta Enterprises Ltd. has started investor meetings for a proposed initial public offering in India.
- The IPO can raise as much as $400 million.
- The offering adds to a reopening IPO calendar, giving KKR a path to exit an Indian portfolio company.
Quotes
“KKR & Co.-backed Advanta Enterprises Ltd. has begun investor meetings for a proposed initial public offering in India that could raise as much as $400 million, according to people familiar with the matter.”