VENTURE CAPITAL POST

KKR, the buyout firm, sold off its 11% shareholdings in Danish telecommunications firm TDC to institutional investors.

Media reports said US private equity firm KKR was considering an alliance with a Japanese government-backed investment fund for its bid of the healthcare unit of Panasonic.

KKR contemplating partnership with INCJ for the purchase of Panasonic's healthcare unit.

According to two sources, KKR would acquire Gland Pharma for INR1 billion and would push through by the end of the month.

Sources told Reuters that KKR would be favored by Panasonic to acquire a majority stake in its healthcare business.

KKR & Co LP said that it had agreed to purchase a property claims software firm called Mitchell International for around USD1.5 billion.

The sale of 11% over Prosiebensat.1 is the start of the exit of KKR and Primera from the business.

Sources said KKR agreed to buy 63% in Australian healthcare operator GenesisCare.

Sources said that the most likely bidders for Panasonic’s healthcare unit are KKK, Toshiba Corp and a consortium led by Bain Capital.

KKR inked a definitive agreement to buy RigNet Inc from Cubera.

A KKR executive revealed that his firm was keen on investing in structured debt and mezzanine deals in Australia.

Sources said that KKR will be investing around US$463 million in Hilding Anders AB via payment-in-kind notes.

KKR stated that it had entered an Eagle Ford Shale drilling partnership with EXCO Resources.

KKR & Co announced that the company is currently considering a possible bid for Hong Kong's ParknShop.

A survey by Jones Lang LaSalle reported that private equity investments into Europe by large funds have reached their highest levels since 2007.