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Stock Market & Financial Investment News

News Breaks
June 6, 2014
07:29 EDTKKRKKR-led consortium agrees to pay $270M for COFCO stake, Reuters says
A private equity consortium led by KKR has agreed to pay close to $270M for up to 70% of China's COFCO Meat, according to Reuters, citing a source with direct knowledge of the deal. The source said the consortium aspires to increase COFCO Meat's share in China's large pork market. Reference Link
News For KKR From The Last 14 Days
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October 6, 2015
07:24 EDTKKRbloomberg to hold a summit
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September 25, 2015
16:43 EDTKKRKKR no longer holds stake in Smucker, lost right to designate board observer
On September 21, The J. M. Smucker Company (SJM) entered into an underwriting agreement, dated as of September 21, with Blue Holdings and Morgan Stanley with respect to a registered underwritten public offering of 8.28M shares of the company's common shares, to be sold by the selling shareholder. The common shares sold by the selling shareholder represent 100% of the ownership interests attributable to affiliates of Kohlberg Kravis Roberts (KKR). The secondary offering was completed on September 25. Upon completion of the secondary offering, KKR ceased to be the beneficial owner of any of the common shares and lost its right to designate a board observer.

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