New Delhi, May 6 -- American private equity (PE) giant KKR is planning to relaunch the sale of its waste management portfolio company after a delay of almost a year, three people with knowledge of the matter said.

The PE firm is eyeing up to $1-1.5 billion from its exit from RE Sustainability Ltd (formerly Ramky Enviro Engineers Ltd), the three people said on the condition of anonymity, adding that global PE firms such as Blackstone, Carlyle, CVC, Macquarie and Stonepeak Capital have been approached by bankers on behalf of KKR.

"The IMs (information memorandums) are likely to be sent out later this month, with the deal talks likely to formally commence then," one of the persons cited above said. The deal activity comes a year after KKR ...