KKR to go public through merger with KKR fund
Jul 29, 2008
Reuters - Jul 27, 2008
NEW YORK (Reuters) - Private equity firm Kohlberg Kravis Roberts plans to list on the New York Stock Exchange later this year in a complicated transaction that involves merging with its publicly listed Amsterdam investment fund, two sources familiar with the matter said on Sunday.
Under terms of the deal, KKR Private Equity Investors (KPE) would be delisted and KPE holders would receive 21 percent equity interest in KKR, one source said.
give up to an additional 6 percent ownership in the company, the source said. Continued...
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