"KKR Considers $4.2B Sale Of European Car Park Operator Q-Park" - BNN Bloomberg
Portfolio Pulse from Benzinga Newsdesk
Private equity firm KKR & Co. is reportedly considering a sale of European car park operator Q-Park, which could value the company at about $4.2 billion, including debt. The firm has held talks with potential advisers about an exit and could start gauging buyer interest in Q-Park early next year. However, there's no certainty they will lead to a transaction.
October 10, 2023 | 6:54 pm
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KKR & Co. is considering a sale of Q-Park, which could value the company at about $4.2 billion. This could potentially lead to a significant cash inflow for KKR if the sale goes through.
The potential sale of Q-Park could lead to a significant cash inflow for KKR, which could be used for further investments or to strengthen its balance sheet. This could potentially have a positive impact on KKR's stock price in the short term.
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IMPORTANCE 75
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