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Sky: KKR set to bid in $800M auction for UK's Pure Gym

Sep. 21, 2017 12:35 PM ETKKR & Co. Inc. (KKR) StockKKRBy: Jason Aycock, SA News Editor
  • KKR is set to bid in an auction for Pure Gym, the UK's biggest health and fitness chain, that could crest £600M (about $800M), Sky News reports.
  • It's one of a set of investors who will submit offers by a deadline today, according to the report. Pure Gym has been controlled by CCMP Capital Advisors since 2013.
  • Pure Gym had planned a public listing but abandoned the effort last year as the European Union referendum set markets in turmoil.

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