Grapevine: KKR, GIC eye Carlyle’s Nxtra stake; Reliance Retail Ventures to raise funds

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Private equity firm Carlyle Group has initiated formal discussions with potential buyers to sell its 24% stake in the data center subsidiary of Bharti Airtel, Nxtra Data, a media report said.  Among the potential buyers are sovereign wealth funds such as the Abu Dhabi Investment Authority and Singapore's GIC, as well as global private equity giant KKR, ......