KKR agrees to the sale of Intelligence Holdings - a Japanese temporary staffing agency - for...

|About: KKR (KKR)|By:, SA News Editor
KKR agrees to the sale of Intelligence Holdings - a Japanese temporary staffing agency - for $721M, nearly double what it paid for it three years ago. Japan's contribution (relative to Asia) to P-E returns is rising, but the firms are balking at a rising gorilla competitor - government-backed funds - squeezing their opportunities.