KKR to enter joint bid for SAI Global

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

Continuing with its Australian expansion, KKR is now planning to enter a joint bid with Pacific Equity Partners for compliance company SAI Global (SGLOF). The two will make an offer before the July 15 bid deadline.

Pacific Equity previously launched a $1B non-binding proposal for SAI in May, but SAI Global related that other prospective buyers had also contacted it and therefore published more information about its business.