KKR, Providence battle for Australia’s NextGen – report
KKR is said to have joined Providence Equity Partners and TPG Telecom in the bidding for NextGen, the fibre-optics business being sold by Australian contractor Leighton Holdings.
KKR's participation was reported by Reuters, which also cited a source familiar with the process as saying the business could fetch as much as A$870 million ($918 million). Providence Equity, which advanced...
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