KKR Said to Weigh $1 Billion Sale of School Chain EuroKids (1)

KKR & Co is exploring options for EuroKids International, including selling its controlling stake in the Indian pre-school and early-learning chain, according to people familiar with the matter.

The US private equity firm is looking to hire financial advisers to help evaluate a sale, the people said, asking not to be identified as the matter is private. KKR could seek a valuation of about $1 billion for its majority stake, the people said.

Considerations are at an early stage and no final decisions have been made, they said, adding that KKR could decide not to pursue a deal.

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