Seeking Alpha

Reports: KKR in talks to buy Singapore's Goodpack for $1.1B

  • KKR (KKR) is reportedly in advanced negotiations to pay at least $1B to acquire Singapore's Goodpack, the world's biggest provider of intermediate bulk containers, including those used in the the rubber, tire and food industries.
  • KKR is in talks with at least two investment banks for a debt package that would enable it buy Goodpack, whose market cap is S$1.38B ($1.1B).
  • The transaction would give KKR access to a niche business that has a global network and supply chain management, and that is difficult to copy, says DBS Group.
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Comments (1)
  • T1215s
    , contributor
    Comments (4) | Send Message
    Just what is WMIH doing with the finance they got from KKR and did Blackstone bring KKR to WMIH
    19 May 2014, 07:55 AM Reply Like
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