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KKR said funds managed by it will make a majority investment in Cisternina Logistics Private Limited. The investment will support Cisternina's proposed acquisition of GBL's liquid storage terminal and rail business and expansion across India.
KKR & Co Inc plans to make a majority investment in Cisternina Logistics Private, to build a pan-India liquid storage and logistics platform. The deal is subject to closing conditions and regulatory approvals; financial terms were not disclosed.
KKR, a leading global investment firm, today announced the signing of definitive agreements under which funds managed by KKR will make a majority investment in Cisternina Logistics Private Limited (“Cisternina” or the “Company”), a bulk liquid and gas storage and logistics business in India. The in…