KKR among bidders for Hong Kong's ParknShop

|About: KKR (KKR)|By:, SA News Editor

KKR is indeed among the bidders for Li Ka-shing's Hong Kong supermarket chain, ParknShop, reports Reuters, which says there were at least 7 bids.

Offers also reportedly came from Australia's Woolworths, Japan's Aeon, China Resources Enterprises, and TPG Capital (with partner).

Li's Hutchison Whampoa (HUWHY.PK, HUWHF.PK) has set an asking price of $3B-$4B with first-round bids due today.

Previous: KKR's rumored interest.