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KKR & Co. L.P. To Acquire Stake In Novo Holdco Ltd

Monday, 20 Aug 2012 02:05pm EDT 

Reuters reported that KKR & Co. L.P said that it will acquire a stake in privately held retailer Novo Holdco Ltd for $30 million. It would buy about 40% of the company and gain two seats on the five-member board. 

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0.25 +1.02%
11:11am EDT