HONG KONG (Reuters) - Global private equity group KKR & Co Inc is targeting a record $15 billion (£11.7 billion) for its new Asia-focused buyout fund, three sources with knowledge of the fundraising plan told Reuters.
In what was to be their second attempt at listing in just over a year, KKR, Deutsche Bank and Varde Partners, decided to cancel the expected A$1 billion ($676.20 million) offering on Tuesday
TOKYO (Reuters) - U.S. buyout fund KKR & Co LP has raised its offer price for Japan's Hitachi Kokusai Electric Inc to 3,132 yen a share from 2,900 yen, its second increase, according to a statement issued by Hitachi Kokusai on Friday.
KKR is the latest private equity firm to promote younger executives in preparation for succession
The deal could value New Delhi-based SRL at about Rs 5,000 crore