News and developments in Asia private equity from Reuters News for the week ending July 20.
KKR & Co
News and developments in Asia private equity from Reuters News for the week ending June 22.
Bids, mergers, acquisitions and disposals involving European, U.S., Canadian and Asian companies.
KKR has reached a first close of $3 billion for its $6 billion Asian fund.
Walgreen Co said it would buy a 45 percent stake in KKR & Co-backed Alliance Boots for $6.7 billion in a cash and stock deal.
U.S. buyout firms Blackstone Group, Carlyle Group and KKR & Co are talking to banks on potential bids for about half of Australia's Pact.
Australian private equity fund Pacific Equity Partners (PEP) has approached potential buyers for its share-registry business Link Group.
Australian underwear manufacturer Pacific Brands (PBG.AX) said takeover talks with suitors including KKR & Co (KKR.N) have ended without an offer being made, sending its shares down nearly 10 percent, as the dour retail outlook put off buyers.
Subscribe to VCpost newsletter
Most Popular
- Former CEO Shoots Himself to Commit Suicide After Receiving $25 Million Record-Breaking Fine for Fraud at Steinhoff
- Xi Jinping Warns Dutch PM That 'No Force' Can Stop China's Technological Advancement Amid Export Restrictions
- Businessman Brutally Murdered Allegedly by 4 of His Workers Who Swung an Axe Into His Head
- Taylor Swift Reaches Her Billionaire' Era,' Joining Elon Musk and Jeff Bezos on the List of World's Wealthiest People
- Social Security Benefits to Increase for Some Seniors After Addressing Overpayment Issues
- Disney Investor Nelson Peltz Criticizes the Company’s 'Woke' Strategy, Questioning 'Black Panther' and 'The Marvels' Films
- Major AI Companies Unite to Create the World's First Artificial Superintelligence Alliance Worth $7.6 Billion
- North Korea Refuses Peace Talk With Japan Unless They Confront Their 'Brutal' History; Business Relations at Risk