Carlye, KKR, Warburg Pincus ready as India's Hero Honda deal restarts
US PE majors the Carlyle Group, Kohlberg Kravis & Roberts (KKR) and Warburg Pincus are in line to take a 15-18% stake apiece in India's Hero Honda Motors, coming as Japanese auto maker Honda nears its exit from the JV.
Touted as India's largest motorcycle company, Hero Honda is a JV launched in 1984 between India's Hero Group and Japan's Honda Motor Company. Two months after reports first surfaced that Honda was looking...
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