KKR puts Bis Industries on the block
KKR has put its mining services and logistics business Bis Industries on the block. The Australian company has been valued at around $1.8 billion including debt.
The attempt to sell the firm comes after negotiations failed to refinance the loans used to buy Bis back in 2006. KKR is liable to pay back the A$905 million ($922.06 million) in leverage it borrowed by...
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