Bis Industries on Wednesday announced that it has scrapped its planned initial public offering. The KKR-backed Australian logistics company had been looking to raise AUD500 million (USD456 million) in the IPO.
Bis Industries Ltd
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U.S. buyout firm KKR & Co has put up for sale Bis Industries Ltd
Bids, mergers, acquisitions and disposals involving European, U.S., Canadian and Asian companies.
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