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Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
Sunday 29 June 2025
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle

KKR

Unilever selling magarines for 6.8 bn euros to US giant KKR

Themuslimchronicle, themuslimchronicleUnilever selling magarines for 6.8 bn euros to US giant KKR289383/1069
The Hague - Muslimchronicle
Anglo-Dutch food and consumer giant Unilever said Friday it had reached a 6.8-billion-euro ($8-billion) deal with US private equity giant KKR to sell its margarines business. Unilever "has received a binding offer from KKR to purchase its global spreads business for 6.825 billion euros on a cash-free, debt-free basis," the company said in a statement. After spurning a takeover byRead more

Blackstone ‘raising at least $3bn in first Asia buyout fund

Themuslimchronicle, themuslimchronicleBlackstone ‘raising at least $3bn in first Asia buyout fund268960/84
Hong Kong - Muslimchronicle
Blackstone Group is seeking to raise up to $3 billion in its first Pan-Asia buyout fund for investments in sectors including high-end manufacturing and health care, people familiar with the plan told Reuters. The New York-based firm has informed its limited partners about the plan and it aims to lock in the first tranche of investment for the fund byRead more

New bid for Australian gambling giant hits merger plan

Themuslimchronicle, themuslimchronicleNew bid for Australian gambling giant hits merger plan263828/85
Sydney - Arab Today
Australian gaming and lottery giant Tatts said on Wednesday it had received a revised multi-billion-dollar takeover offer from a consortium led by US private equity firm KKR, challenging a planned merger with rival Tabcorp. The Pacific Consortium -- consisting off Kohlberg Kravis Roberts, Macquarie Group, First State Superannuation Scheme and North Haven Infrastructure Partners -- made an all-cash bid ofRead more

Takata shares soar on report US firm KKR to take control

Themuslimchronicle, themuslimchronicleTakata shares soar on report US firm KKR to take control183193/85
Tokyo - AFP
Takata shares skyrocketed in afternoon trade Thursday, following a report that US private equity firm KKR wants to take control of the embattled airbag supplier. Kohlberg Kravis Roberts (KKR) is looking to take over up to 60 percent of the company from the founding family, Japan's leading business paper the Nikkei reported, prompting Takata's shares to surge 21.16 percent toRead more

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