PV Krishna Reddy Secures $700M Credit for Uncle's Stake Buyout

Billionaire PV Krishna Reddy aims to raise $700 million to acquire his uncle's 43% stake in Megha Engineering. This strategic move highlights the growing trend of private credit investments in major corporate buyouts. As the managing director of Megha Engineering & Infrastructures, Reddy's acquisition could reshape the company's ownership structure and future direction.