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KKR & Co LP Announces Agreement To Acquire Majority Stake In SMCP


Thursday, 18 Apr 2013 02:21am EDT 

KKR & Co LP announced that it has signed a definitive agreement with SMCP`s current shareholders to acquire a majority stake in the Company alongside its management team. KKR will own approximately 65% of the Company`s share capital with management retaining approximately 35%. The agreement remains subject to regulatory approvals and customary closing conditions. KKR was advised by Rothschild & Cie and SMCP Group was advised by J.P. Morgan and Leonardo & Co. 

Company Quote

22.93
0.1 +0.44%
20 Nov 2014