Tranzactioneaza Kkr & Inc (US.KKR) - 146.17 USD (%) Tranzactioneaza

KKR Backs Out of Bidding for Toshiba, FT Says

&nbsp

&nbsp KKR &amp Co. (US.KKR) is backing away from a potential $22 billion bidding war for Toshiba Corp., the Financial Times reported, citing people familiar with the discussions. The private equity giant has lost enthusiasm for a takeover of the Japanese industrial icon, opting instead to acquire businesses that will get spun off during a privatization process, the newspaper said.&nbsp

&nbsp KKR’s retreat could pave the way for rivals like Bain Capital (US.BCSF) to acquire the company, which is trying to leave behind years of scandal and mismanagement. Toshiba has said it’s received eight bids to privatize the company and two offers to form business alliances. KKR and Blackstone Inc. had held exploratory discussions about teaming up on a joint bid for the Japanese conglomerate, Bloomberg News reported in May.

06 282022

KKR (US.KKR) Weighs Takeover of French Renewable Firm Albioma

KKR &amp Co. is considering an acquisition of Albioma SA, a French producer of solar and biomass power, as it seeks to expand in renewable energy, people familiar with the matter said. The private equity firm is in the early stages of discussing a potential bid for Albioma, according to the people, who asked not to be identified because the information is private.

kkr weighs takeover french renewable 19835 0304