India: KKR may set up its own asset reconstruction company

India: KKR may set up its own asset reconstruction company

Visual from Mint

Buyout firm KKR & Co.’s Indian arm is considering setting up its own asset reconstruction company (ARC) as its two-year-long effort to buy a majority stake in International Asset Reconstruction Co. Pvt. Ltd (IARC) hasn’t materialized, two people aware of the matter said.

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