Anchorage Capital Group and Indigo Partners are in talks to acquire discount air carrier Frontier Airlines from Republic Airways Holdings Inc. (Nasdaq: RJET), according to the WSJ. The deal could be valued at more than $1 billion, including debt. www.rjet.com
Kohlberg Kravis Roberts & Co. has agreed to acquire around a 75% stake in Indian tire maker Alliance Tire Group for approximately $500 million from Warburg Pincus, according to Reuters. KKR MORE
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Private equity deals
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