KKR
KKR and Korea's NPS team up for Colonial US pipeline investment
Kohlberg Kravis Roberts & Co. (KKR) has joined forces with Korea’s National Pension Service (NPS) to take a 23.44% stake in Alpharetta, GA-headquartered Colonial Pipeline Company, in a deal said to be worth about KRW1 trillion ($895 million).
KKR takes stake in Avantha Power
Kohlberg Kravis Roberts & Co. has become the latest leading private equity firm to tap into India's infrastructure sector, with an INR217 crore ($49 million) pre-IPO investment into Avantha Power & Infrastructure Ltd., a division of the $4 billion Avantha...
NZ Yellow Pages showcases dangers of bull market LBOs
Just two months after pan-regional PE firm Unitas Capital and its co-investor Ontario Teachers Private Capital first kicked off the exit process of the New Zealand Yellow Pages Group, approaching a plethora of private equity and industry-related potential...
“Big boys” battle it out in India
The mid-cap space is what makes Indian PE tick - even for larger firms
Russian roulette for PRC investing
Risk, rewards and everything in between: the promise of returns in China
KKR, Bain, others vie for mid-cap investment in aero-focused Quest Global
Bain Capital, ChrysCapital, Kohlberg Kravis Roberts & Co., and Warburg Pincus are said to be competing to make an up-to $75 million investment in aeroengineering and manufacturing consultancy Quest Global - a unique scenario, as such global funds have...
Australian M&A: Sweet deals Down Under?
Slow first half for the Lucky Country
KKR and TPG may team up to bid for Foster's wine unit
US buyout majors Kohlberg Kravis Roberts and TPG Capital were said to have had early talks for a joint bid for the wine unit of Australian brewer Foster's, according to reports.
Foster’s tells private equity firms wine bids are corked
Australian beverages major Foster’s Group’s plans to divest its Treasury Wine Estates wine estate, which owns the Lindemans, Rosemount, Penfolds and Wolf Blass brands, has not been the PE win many firms had hoped for.
CICC loses talent as KKR, TPG deal nears
The $1 billion-plus sale of Morgan Stanley's 34.3% stake in leading PRC i-bank China International Capital Corp (CICC) to Kohlberg Kravis Roberts & Co. and TPG Capital appears to be coinciding with a talent flight from the bank, as the bank moves to allow...
Cerberus misses Foster's wine business, TPG, KKR in frame
Cerberus Capital Management, the US buyout firm specializing in turnaround investments, was the private equity firm that offered to buy 100% of the Treasury Wine Estates unit of Australia’s largest beer maker, Foster's Group, for up to $2.5 billion,...
Hero Honda's motor stalled
Honda’s motor has reportedly stalled in its attempt to divest its 26.21% stake in its Indian Hero Honda subsidiary as Honda, Hero Honda’s promoters, and private equity suitors have not agreed on the valuation of the stake.
KKR India hires Goldman Sachs exec as Director
KKR India Advisors has appointed Goldman Sachs’ MD of Principal Investments in India Heramb Hajarnavis as its Director.
Bain, Macquarie, Permira in frame for MBK's CNS
Bain Capital and the UK's Permira Advisers, as well as Macquarie Group, are among the final bidders selected by MBK Partners for its Taiwanese cable investee Cable Network Systems (CNS), which could fetch up to $2.5 billion, according to reports.
KKR eyes Honda's stake in Hero Honda - reports
KKR has approached Honda Motors to buy the 6% stake in its Hero Honda subsidiary it is looking to sell, Indian media has reported.
Gung-ho for Kyobo as buyout firms assess stake
Potential private equity buyers, specifically Affinity Equity Partners and the Carlyle Group, are doing due diligence on a potential 24% significant minority stake opportunity in Kyobo Life Insurance Co., Korea’s third-largest insurer and second-largest...
Yellow Pages auction up a gum tree?
Unitas Capital and Ontario LP direct investment major Teacher’s Private Capital are reportedly hunting for buyers for New Zealand’s Yellow Pages Group, having launched a sale process for the estimated $700 million asset – more than 50% lower than...
Unitas, OTPP ready NZ Yellow Pages for sale
Offering up the asset that launched NZ's much-praised "yellow tree house" ad campaign, regional buyout firm Unitas Capital and its co-investor Ontario Teachers Private Capital have kicked off the exit process from boom-era Antipodean telecoms investment...
Carlyle, TPG pick up Healthscope for $1.73 billion
The Carlyle Group and TPG Capital have won out in a bidding contest for Australian private hospitals and pathology services operator Healthscope Ltd., with an A$1.99 billion ($1.73 billion) all-cash offer that has already been unanimously recommended...
MBK CNS process could jumpstart Taiwan deals
North Asia-focused buyout firm MBK Partners has started the formal sale process for its Taiwanese cable TV/broadband asset China Network Systems (CNS) with the first bidding round, forecast to fetch up to $2.5 billion in a deal shaping up to be one of...
Entertainment and media is where it’s at
Just not as glamorous as you thought
Carlyle, TPG wrap up Healthscope for $1.73 billion
The Carlyle Group and TPG Capital have successfully concluded their bid for Australia's Healthscope with a A$1.99 billion ($1.73 billion) all-cash offer, well above previous expectations, in the biggest Australian private equity deal since 2007.
Final Healthscope bids confirmed by Carlyle, TPG as Blackstone withdraws
The Jul 16th deadline for bids on Australian private hospital and pathology operator Healthscope saw the Carlyle Group and TPG Capital confirm that they had submitted bids for the asset, despite the withdrawal of Blackstone Group from their consortium...
KKR plans to raise $800 million for China Growth Fund
Kohlberg Kravis Roberts & Co. plans to raise $800 million to invest in China with its new USD-denominated KKR China Growth Fund, its first China-directed vehicle since it set up its $4 billion KKR Asian Fund, and its first specific growth capital fund.