Global investment firm KKR and South Korean online fashion marketplace, MUSINSA have announced the signing of definitive agreements for a Series C fundraise. The deal, which is valued at $190 million, will see funds managed by KKR leading the round, with participation from Wellington Management, one of the world’s largest independent investment management firms. Founded […]
Global investment firm KKR has agreed to acquire a majority stake in PangeaCo and the existing fiber optic networks in Peru of Telefónica del Perú and Entel Perú. This acquisition aims to establish Peru’s first nationwide open access wholesale fiber optics company, thereby enhancing fiber optics connectivity throughout the country. This consolidation of PangeaCo, Telefónica […]
PayPal Holdings has entered into a multi-year exclusive agreement with global investment firm KKR for a €3 billion replenishing loan commitment. Under the deal, KKR-managed private credit funds and accounts will purchase up to €40 billion of PayPal-originated buy now, pay later (BNPL) loan receivables from five European countries, which include France, Germany, Italy, Spain, […]
IndiGrid said that its board of directors has approved the acquisition of Virescent Renewable Energy Trust (VRET) and its investment manager (IM) and project manager (PM) for INR 40 billion. Virescent Renewable Energy Trust, which is sponsored by KKR, is an Indian renewable energy infrastructure investment trust (InvIT). Its portfolio includes 16 operational solar power […]
US-based Investment firm KKR and Hong Kong’s real estate private equity firm Gaw Capital Partners will acquire Hyatt Regency Tokyo, a luxury hotel, from Odakyu Electric Railway Company, for an undisclosed amount. The proposed acquisition marks KKR’s first hotel investment in Japan and builds on the company’s sustained activity and robust momentum in the country’s […]
American global investment company Kohlberg Kravis Roberts & Co (KKR) will acquire all shares of Bushu Pharmaceuticals from Asian private equity firm BPEA EQT for an undisclosed amount. Post-closing, KKR intends to fast-track Bushu Pharmaceuticals’ growth and further establish the company as a major contract development and manufacturing organization (CDMO) in Japan and international pharmaceutical […]
UPL Ltd. (formerly United Phosphorus Ltd), an Indian provider of agriculture products and solutions, has closed the previously announced investment transaction of INR 2,474 crores ($300 million) with KKR for a stake of 13.33% in Advanta Enterprises. In October 2022, UPL Ltd. announced that KKR will make the investment valuing Advanta Enterprises at $2.25 billion […]
Global investment firm KKR has agreed to acquire digital engineering company Ness Digital Engineering from The Rohatyn Group (TRG) for an undisclosed price. KKR is funding the acquisition through its Asian Fund IV. Based in Teaneck, New Jersey, and established in 1998, Ness Digital Engineering provides end-to-end digital transformation services, specializing in developing digital software […]
Kohlberg Kravis Roberts & Co. (KKR) has launched a roads infrastructure investment trust (InvIT) in India called Highways Infrastructure Trust (HIT). The initial portfolio of KKR Highways Infrastructure Trust is made up of six roads assets having a total length of over 450km across six states. The assets are said to feature a mix of […]
Cegid, a France-based provider of cloud business management solutions, has agreed to merge with Grupo Primavera in an all-share deal that values the combined firm at around €6.8 billion. Grupo Primavera is a Spain-based cloud business management software firm. Cegid, which will be the surviving entity after the merger, caters to finance, human resources, retail, […]