RPT-BRIEF-Mikhail Fridman's fund L1 Retail to buy Holland & Barrett for 1.8 billion stg- FT
* Mikhail Fridman's fund lL Retail to buy Holland & Barrett for 1.8 billion stg- FT Source http://on.ft.com/2sQOafR
SINGAPORE May 20 Singapore's Goodpack Ltd confirmed on Tuesday it is in discussions with KKR & Co about a possible buyout by the U.S. private equity firm, the company said in a statement.
The announcement follows reports on Monday that KKR was nearing the deal. If successful, the purchase of Goodpack would be KKR's first purchase of a listed company from its latest Asia fund, which raised $6 billion.
(Reporting By Andrew Toh; Editing by Matt Driskill)
NEW YORK, June 25 Insurer Assurant Inc's shares could double because it is emphasizing fee-based businesses while lowering its exposure to its riskier underwriting business, according to a report in Barron's.