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  • Shah Rukh Khan pens a note for KKR after their IPL 2024 win | Filmfare.com

    Shah Rukh Khan pens a note for KKR after their IPL 2024 win | Filmfare.com

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    Shah Rukh Khan’s team Kolkata Knight Riders (KKR) won the Indian Premiere League (IPL) this year. They beat Sunrisers Hyderabad (SRH) in the riveting finals which was held in Chennai. Now, Shah Rukh Khan has shared a heartfelt note for his team.

    Shah Rukh Khan took to his social media handle to share a picture with his team and family. The photo sees him blowing a flying kiss. Gauri Khan and Aryan Khan can be seen alongside Ananya Panday and Suhana Khan among others.

    Check it out here:





    Shah Rukh Khan wrote, “To my boys…. my team…. my champs….’these blessed candles of the night’ …. My Stars…of KKR. I cannot do a lot of things and you cannot do them all either…but together we manage most of them. That’s what @KKRiders stood for. Simply being together. Beyond the ability and guidance of @GautamGambhir….the earnestness of Chandu, the love of @abhisheknayar1 & leadership of @ShreyasIyer15… the dedication of @rtendo27, Bharat Arun @1crowey & @Numb3z… this team is built on no hierarchy just pure respect for collaboration.”

    Sharing Gautam Gambhir’s advice, he added, “GG said if u can’t support a single vision as a team….u are leading to a division in the team. Each player understood that. Young and old. The Trophy is not a testament of having the best players in the team….but a proof of each player being the best for the team. Boys you are all made of Star stuff!! Love you all and don’t let the dancing stop! Also, so happy and thankful for each and every KKR fan and I hope all around the world youngsters learn that Tough times don’t last….Finally Tough and Happy teams do! Korbo…Lorbo…Jeetbo….Always. See u all at the stadium in 2025.”

    After KKR’s win, Shah Rukh Khan was seen striking his signature pose and hugging his kids Suhana Khan, AbRam and Aryan Khan. He also posed with the trophy before posing with the team on the pitch.

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  • IPL 2024: Shah Rukh Khan showers love on KKR players Andre Russell, Sunil Narine; reveals his kids love them

    IPL 2024: Shah Rukh Khan showers love on KKR players Andre Russell, Sunil Narine; reveals his kids love them

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    Bollywood superstar Shah Rukh Khan has time and again proved why he is a real baadshah. Right from cheering for his team Kolkata Knight Riders (KKR) to supporting each and every player, Shah Rukh Khan does everything that makes him the best co-owner that any team could have. TV News and Entertainment News updates are now easily available. Follow BollywoodLife on WhatsApp. Also Read – IPL 2024: KKR staff reveals what triggered Shah Rukh Khan’s outburst at Wankhede Stadium; says Suhana Khan was ‘cat called’

    Pathaan actor Shah Rukh Khan recently revealed that his children Aryan Khan and Suhana Khan love KKR’s Sunil Narine and call him ‘Superman’. In a conversation on Star Sports, Shah Rukh Khan spoke about Sunil and said that he joined them for the Champions League and they call him Superman in his house. Shah Rukh Khan said that Sunil is a a boss on the field, a player, a bowler, a batsman, a wicketkeeper, a fielder. SRK even shares a strong bond with West Indian duo Andre Russell and Sunil Narine. Also Read – IPL 2024: Shah Rukh Khan’s statement on being the 12th Man for KKR during challenging times proves there is nobody like him

    Know the net worth of Shah Rukh Khan here.

    He added that Andre Russell is an integral part of KKR and for him, KKR means Andre Russell and Sunil Narine. SRK also said that at times, when the two get injured, it feels awful to wonder how will they manage without them. He even spoke about his endearing relationship with Andre Russel and said that he is gentle and sweet. Also Read – Suhana Khan, Ananya Panday, Shanaya Kapoor’s ‘Dream Team’ selfie as KKR wins is a sight to sore eyes; little AbRam is cutest [PIC INSIDE]

    On the work front, Shah Rukh Khan was seen in Jawan, Dunki and Pathaan. He will be sharing screen space with Salman Khan in Tiger vs Pathaan.

    Stay tuned to BollywoodLife for the latest scoops and updates from Bollywood, Hollywood, South, TV and Web-Series.
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  • Virat Kohli gives THIS reaction when paparazzi tells him he was NOT Out in his recent match with KKR [Watch]

    Virat Kohli gives THIS reaction when paparazzi tells him he was NOT Out in his recent match with KKR [Watch]

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    Virat Kohli is once again hitting headlines after he was given an out in his latest match against KKR in the IPL 2024. The cricketer was given out against bowled by Harhsit Rana and this has left his fans divided where the majority feels he wasn’t out. After several reactions to him being not out, Virat Kohli has given his reaction to being not out. The cricketer was papped at the airport and one of the paparazzi told him he wasn’t out and Virat simply gave an acknowledgment reaction to it. The video has been going viral where the fans are expressing their anger over the unfair judgment all over again. Virat too expressed his anger on the ground at the umpire that he wasn’t out as it was a clear no ball. Also Read – Here’s what Anushka Sharma-Virat Kohli’s son Akaay looks like [View Pics]

    BollywoodLife is on WhatsApp. Get all the latest Entertainment News and TV News updates instantly. Also Read – Anushka Sharma and Virat Kohli’s son Akaay Kohli is a carbon copy of mom unlike sister Vamika Kohli [Exclusive]

    Watch the video of Virat Kohli giving a very subtle reaction when paparazzi told him he wasn’t out against his latest match with KKR

    Navjot Singh Sidhu strongly reacts to Virat Kohli being NOT Out
    In the video shared by Star Sports, he was seen saying,” ‘Chhati thok ke kahunga not out, rules have been changed, the laws which are in the favour of the game must be upheld. It was a beamer, and whenever a bowler throws a beamer, he usually apologizes and when the impact of the ball occurs with the bat, it is almost 1.5 feet above, so I think the rule should be changed”. Also Read – Anushka Sharma flies back with Akaay Kohli and Vamika; refuses to get clicked at the airport but makes a promise to the paps

    KKR owner Shah Rukh Khan considers Virat Kohli as his damaad
    Jawan actor Shah Rukh Khan has always expressed his fondness towards Virat Kohli, in one of his AskSRK sessions with fans, when he was asked to give his point of view on Virat, he called him his damaad (son-in-law). SRK also shares a great bond with Anushka Sharma and her last film Zero in 2018 was with the superstar.

    Virat Kohli came back after a sabbatical as he became a father of a baby boy Akaay Kohli and fans are waiting for Anushka Sharma to come on stand to cheer for him.

    Watch the video of Anushka Sharma

    Stay tuned to BollywoodLife for the latest scoops and updates from Bollywood, Hollywood, South, TV and Web-Series.
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  • NBD Emirates, Mizuho Bank eye KKR’s stake in Avendus Capital 

    NBD Emirates, Mizuho Bank eye KKR’s stake in Avendus Capital 

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    Japan’s Mizuho Bank and Dubai’s government-owned NBD Emirates are frontrunner to take over KKR’s stake in Avendus Capital. The two foreign investors are said to be at advanced stages of due diligence and are expected to submit their bids in the next 2 – 3 weeks.

    The deal is said to be valued at approximately $430–450 million (₹3,500–3,750 crore), which is slightly lower than KKR’s earlier anticipated valuations of $500 million. Nomura is said to have been engaged to handle the mandate.

    KKR holds about 63 per cent stake in Avendus Capital with the rest held by Gaja Capital and Yogesh Mahansaria, Founder and CEO of Alliance Tire Group. According to sources, both the interested buyers are keen to hold more stake in the company in addition to taking over KKR’s interest.

    To pick up 80%

    “Emirates and Mizuho have shown interest to pick up at least 80 per cent stake in Avendus Capital, though that would depend on whether the other shareholders are willing to exit in the current round of secondary transaction,” said a highly placed source aware of the development.

    Gaja Capital and Mahansaria came into play at Avendus’ cap table in 2017 round of fund infusion, when the company raised ₹980 crore. Best known for its investment banking capabilities, Avendus Capital is a 24-year-old homegrown boutique financial services firm with interest ranging from credit solutions including structured credit funds, wealth management, asset management and institutional equities. The firm was originally promoted by Kaushal Aggarwal, Ranu Vohra and Gaurav Deepak.

    In 2015, KKR picked up 58 per cent stake in Avendus for a valuation of about $200 million. Emails sent to NBD Emirates and Mizuho Bank remained unanswered till press time, while spokesperson for Avendus said “we do not comment on stories of this nature as per company policy”.

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  • Why wealthy investors put $125 billion into this new type of private-equity fund last year

    Why wealthy investors put $125 billion into this new type of private-equity fund last year

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    Private-equity funds aimed at wealthy individuals continue to draw in fresh capital as the universe of alternative investments grows beyond its roots serving endowments, pension funds and other institutions, according to industry data.

    Registered funds that take investments from individuals and smaller institutions rose by about $125 billion in 2022 from the previous year to total assets under management (AUM) of $425 billion, according to data from private-equity investor and data provider Hamilton Lane Inc. HLNE.

    The…

    Master your money.

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  • Circor’s stock rockets toward 4-year high after buyout deal with KKR valued at $1.6 billion, including debt

    Circor’s stock rockets toward 4-year high after buyout deal with KKR valued at $1.6 billion, including debt

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    Shares of Circor International Inc.
    CIR,
    +8.46%
    rocketed 49.2% toward a four-year high in premarket trading Monday, after the flow control products company announced a deal to be acquired by KKR & Co. Inc.
    KKR,
    +2.29%
    in a cash deal valued at $1.6 billion, including debt. KKR’s stock was still inactive ahead of the open. Under terms of the deal, Circor shareholders will receive $49 for each Circor share they own, which represents a 54.7% premium to Friday’s closing price of $31.67, and implies a market capitalization for Circor of $999.1 million. The deal, which is expected to close in the fourth quarter of 2023, follows a strategic review Circor initiated in March 2022. “We believe that this transaction and the immediate cash value it will provide to Circor’s stockholders best achieves the Board’s goal of unlocking the significant incremental value within Circor for its stockholders,” said Circor Chairman Helmuth Ludwig. Circor’s stock has soared 32.2% year to date through Friday, while KKR shares have run up 15.5% and the S&P 500
    SPX,
    +1.45%
    has advanced 11.5%.

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  • KKR joins hands with decarbonisation platform Serentica Renewables to create new energy platform

    KKR joins hands with decarbonisation platform Serentica Renewables to create new energy platform

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    Global investment firm KKR and Vedanta Group’s arm Serentica Renewables have decided to create a new energy platform that would help large industrial clients decarbonise their businesses. The investment firm is expected to pump in a whopping $400 million in the platform.  Standard Chartered Bank will act as the sole financial advisor to Serentica for this transaction.

    Pratik Agarwal, Director of Serentica Renewables, said that the company is happy to have a like-minded strategic partner in KKR, which believes in its model of sustainable development. “This investment will allow us to leap ahead in our vision of decarbonizing large energy-intensive industries and help in reversing climate change.”

    Agarwal said  this transaction is among the largest industrial decarbonisation investments in India to date and carries forward the global decarbonization agenda, which is the focus at COP27.

    Serentica Renewables is wholly owned by Twinstar Overseas Limited (TSOL), which has controlling stakes in Sterlite Power Transmission Limited and Sterlite Technologies Limited. Both are held by Anil Agarwal family’s Volcan Investments.

    Hardik Shah, Partner at KKR, said that the investment in Serentica reflects KKR’s confidence in India’s renewable sector and its commitment to advancing the energy transition in India. “With Serentica, we look to support these companies in their decarbonisation objectives. We are delighted to back Serentica through this latest strategic partnership and are excited to develop Serentica into a leading decabonisation platform that can contribute meaningfully to the energy transition requirements that lie ahead of us.”

    An official statement said that since 2011, KKR has deployed over $15 billion in equity globally to invest in renewable assets, such as solar and wind, which have an operational power generation capacity of 23 GW, as of December 31, 2021.

    This is for the second time that KKR has teamed up with Sterlite Power Transmission. Earlier, it had invested in IndiGrid Investment Managers Ltd, an InvIT launched by Sterlite.

    Serentica currently has entered into three long-term PPAs and is in the process of developing 1,500 MW of solar and wind power projects across various states including Karnataka, Rajasthan, and Maharashtra. Serentica’s medium-term goal is to install 5,000 MW of carbon-free generation capacity coupled with different storage technologies and supply over 16 billion units of clean energy annually and displace 20 million tonnes of CO2 emissions.
     

    Also read: KKR invests $300 million in UPL’s Advanta Enterprises for a 13.33% stake

    Also read: As creator economy grows, this start-up helps creators monetise

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