- KKR (NYSE: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.