KKR completes record Indian deal

Tuesday 18 April 2006 at 16:00

US private equity house Kohlberg Kravis Roberts has completed its first buyout in India with the $900m (€735m) acquisition of the software unit of technology manufacturer Flextronics.

The deal comes only four months after KKR hired Michael Marks, the former chief executive of Flextronics, to help build its technology portfolio in Asia.