From KKR explores options, including sale, for NVC China -Bloomberg News
A deal may fetch about $1 billion and a sale process may be formally launched later this year, though no final decision has been made, the report said, citing people familiar with the matter.
KKR acquired a majority stake in NVC China for a total equity value of about $794 million in 2019. NVC International owns the remaining roughly 30%.Reporting by Yana Gaur in Bengaluru; Editing by Savio D'Souza
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