KKR Goodbye to Ranky Enviro!

 Pvt. KKR bought a 60 percent stake in the company in 2018. Although KKR had earlier intended to sell some of the shares through IPO issuance, the proposal was recently scrapped and the entire stake will be sold privately, sources said. JPMorgan, an international investment banker acting as an advisor to the transaction, is consulting with various private equity (PE) funds on behalf of KKR.