Mumbai: Yokohama Rubber has agreed to about 12% to buy US private equity giant KKR Alliance Tire Group Holdings (ATG) for $100 million. This is one of the largest private equity exits in Indian investments and the largest strategic investment so far this year.1. The Japanese company will acquire the 90% stake held by KKR and the 10% stake held by the Mahansaria family. The acquisition is expected to close on July 1, 2016, Yokohama said in a statement on Friday. The Economic Times first reported this potential deal on February 7 The Daily. KKR acquired Alliance 90% from Warburg Start Pincus in 2013 for about $5 from Warburg Start Pincus for $100 million Under the terms of the deal, the private equity firm will more than double its return at constant exchange rates. The deal marks KKRRR’s third foray into the Indian market after the sale of Bharti Infratel last year and shares in Dalmia and Bharat earlier this year. Barclays advised Yokohama Bank and Credit Suisse advised ATG. Foll...