Alternative Investment Firm PAG Acquires KKR's Controlling Interest In Australian Venue: Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Alternative investment firm PAG has acquired KKR's controlling interest in an undisclosed Australian venue. The terms of the deal were not disclosed.
August 25, 2023 | 5:47 am
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KKR has sold its controlling interest in an Australian venue to PAG. The financial details of the transaction were not disclosed.
The sale of KKR's controlling interest in the Australian venue to PAG could potentially free up capital for KKR. However, without the financial details of the transaction, it's difficult to predict the exact impact on KKR's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 100