KKR eyes $1 billion+ acquisition of Medicover Hospitals India in major healthcare sector move. Global private equity giant KKR is reportedly moving closer to a major healthcare deal in India, with discussions underway to acquire a controlling interest in Medicover Hospitals India. According to reports, the proposed transaction could be valued at more than $1 billion. Sweden-based Medicover has acknowledged that talks are taking place regarding a potential divestment of its Indian hospital business. Sources familiar with the matter indicated that negotiations have progressed significantly, with a non-binding agreement already in place. Medicover currently owns a 66.9% stake in its Indian operations. Reports suggest KKR is looking to purchase the entire holding for at least $1.05 billion while simultaneously engaging with minority shareholders as part of the transaction process. Despite the ongoing discussions, Medicover has stated that there is no assurance that a final agreement will be reached. The company is also continuing preparations for a possible initial public offering (IPO) of its Indian business. Financial advisory firm Rothschild is overseeing the sale process on behalf of Medicover, while Kotak is advising KKR on the potential acquisition. Since entering the Indian market in 2016, Medicover has expanded its footprint to 26 hospitals with nearly 6,000 beds. The India business now contributes more than half of the group's total hospital portfolio worldwide. The hospital chain generated revenue of approximately $234.6 million in 2025, reflecting a marginal year-on-year increase of nearly 1%, according to reports. In India's competitive healthcare market, Medicover operates alongside major hospital networks including Apollo Hospitals, Aster DM Healthcare, and Fortis Healthcare. The potential acquisition would further strengthen KKR's presence in India's healthcare sector. The investment firm has been actively expanding its portfolio and, in 2024, acquired a controlling stake in a hospital chain based in Kerala, supporting its subsequent growth plans. Industry observers note that India's hospital sector is witnessing increased consolidation as healthcare demand rises. Growing insurance penetration, higher disposable incomes, and greater demand for quality medical services are encouraging hospital operators to expand capacity and attract investment. If completed, the Medicover Hospitals India acquisition would rank among the significant healthcare transactions in the country in recent years. The deal would also highlight the growing interest of global investors in India's rapidly expanding hospital and healthcare services market. (Photo credit: medicoverhospitals.in)

KKR commits $1.4 billion to aircraft leasing with Altavair. By Altvair / June 17, 2026 New commitment expands long-standing strategic partnership and builds on the success of two prior aircraft leasing portfolios. NEW YORK & SEATTLE, WA - KKR, a leading global investment firm, and Altavair, a leader in commercial aviation leasing and financing, today announced that KKR is making a $1.4 billion equity commitment to continue expanding its global portfolio of leased commercial aircraft in partnership with Altavair. The latest commitment builds on two prior aircraft leasing portfolios created in partnership with Altavair. The investment will primarily come from KKR's Infrastructure and Asset-Based Finance strategies. "Nearly a decade of strategic partnership with Altavair has deepened our conviction in the attractiveness of aircraft leasing, which we believe is poised to grow even further as demand for air travel continues to rise and airlines seek more liquidity and fleet flexibility," said Brandon Freiman, Partner and Head of North American Infrastructure at KKR. KKR-managed funds have committed more than $8 billion to aircraft leasing and lending transactions since KKR formed a strategic partnership with Altavair in 2018. Over that time, KKR and Altavair have acquired 188 commercial aircraft and engine assets through a variety of transactions, including lessor trades, airline-direct new and used sale leasebacks, passenger-to-freight conversions, and structured transactions, and in the process have leased aircraft and engines to 67 leading airline and cargo operators around the world. "We are pleased to deepen our long-standing relationship with Altavair and strengthen our commitment to the aviation sector through our Asset-Based Finance strategy," said Daniel Pietrzak, Partner and Global Head of Private Credit at KKR. "The success of our strategic partnership is a testament to the power of combining our patient, long-term capital with Altavair's deep industry expertise and differentiated sourcing capabilities." "Our strategic partnership with KKR has grown stronger over the past eight years, and this latest commitment reflects the trust we have built together," said Steve Rimmer, CEO of Altavair. "KKR's expertise, and long-term capital have helped build Altavair into the platform it is today. As airlines face significant fleet funding needs in the coming years, this expanded commitment positions us to be an even stronger partner and supporter across the aviation ecosystem." KKR has invested more than $12 billion of capital in the aviation sector since 2015. Investments include Altavair, AV AirFinance, Atlantic Aviation, KKR DVB Aviation Capital, K2 Aviation, and others. About KKR. KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR's insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR's investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR's website at www.kkr.com. For additional information about Global Atlantic Financial Group, please visit Global Atlantic Financial Group's website at www.globalatlantic.com. About Altavair. Altavair is an aviation asset manager focusing on the acquisition of new and used commercial aircraft for leasing to domestic and international passenger airlines and cargo operators. Since its inception in 2003, Altavair has completed over $14.5 billion in commercial aircraft lease transactions with over 80 airline customers in 50 countries representing over 300 individual Boeing and Airbus aircraft. Altavair maintains offices in Seattle, Dublin, London, and Singapore. For more information, please visit www.altavair.com. Media Contacts: