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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