KKR Said to Be in Advanced Talks to Acquire Diagnostics Firm SRL

KKR & Co., one of the world’s largest private equity firms, is in advanced talks to buy a stake in medical-diagnostics company SRL Ltd., people with knowledge of the matter said.

The deal could value New Delhi-based SRL at about 50 billion rupees ($774 million), said the people, who asked not to be identified because the information is private. Private equity firms including TPG and Bain Capital were also in talks for a stake in the company, people with knowledge of the matter said last month.