KKR seals first Indonesia deal with food company investment
HONG KONG, July 22
HONG KONG, July 22 (Reuters) - KKR & Co LP has sealed its first deal in Indonesia, agreeing to buy a 9.5 percent stake in food company PT Tiga Pilar Sejahtera Food Tbk, the two companies said in a joint statement on Monday. Terms of the deal were not disclosed.
KKR, which manages more than $78 billion in assets, made the investment through its KKR Asset Management unit.
KKR recently announced the close of its second Asia fund, which at $6 billion is the largest ever raised for investment in the region.