KKR drops out of a bidding group for Beckman Coulter (BEC -1%), leaving TPG Capital and...

|About: KKR (KKR)|By:, SA News Editor
KKR drops out of a bidding group for Beckman Coulter (BEC -1%), leaving TPG Capital and Blackstone Group (BX) to come up with extra funding or find another investor, Bloomberg reports. KKR was said to be concerned that the price for Beckman might get too high amid interest by strategic bidders such as Danaher (DHR).