Jagatjit gets KKR financing, hires COO

BENGALURU: Global investor KKR & Co has formally struck a debt financing deal with Jagatjit Industries Ltd, maker of Aristocrat whiskey, which will help ongoing restructuring efforts at the country’s oldest distiller. Jagatjit is also putting in place a new management team by roping in former United Spirits Ltd executive, Anant Iyer, as chief operating officer ( COO ).

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