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KKR looking to sell Aricent - report

Nov. 14, 2017 3:28 PM ETKKR & Co. Inc. (KKR) StockKKRBy: Stephen Alpher, SA News Editor
  • The P-E giant has hired JPMorgan to help find a buyer for the CA-based software firm, with a possible sale price thought to be in the $1B-$1.5B range.
  • Aricent was spun out of Flextronics in 2006, with KKR then buying a majority stake, now upped to 79%.
  • Among possibles suitors would be French outfit Altran.

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