KKR to buy majority stake in Australia's Dixon Hospitality
KKR has agreed to acquire a majority interest in Dixon Hospitality, which operates a portfolio of more than 40 food and beverage outlets across major cities in Australia. The capital will come from the GP's third pan-Asian fund, which closed earlier this month.
The size of the transaction was not disclosed, but The Australian reported it as approximately A$190 million ($146 million). Dixon Hospitality was previously said to be targeting a public listing at a...
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