Blackstone, KKR mull bids for India’s Emami Cement

Blackstone, KKR mull bids for India’s Emami Cement

REUTERS/Brendan McDermid

Blackstone Group Inc. and a rival consortium led by KKR & Co. are considering bids for the cement unit of Indian cosmetics to paper conglomerate Emami Group, according to people with knowledge of the matter.