Tuesday, July 3, 2007

UPDATE 1-Buyout firm KKR files for $1.25 bln IPO

(Reuters) - The planned IPO follows the high profile listing of buyout
firm Blackstone Group LP last month, which raised $4.13
billion and ushered in a new era for an industry that has come to
dominate financial markets worldwide by pursuing ever-larger
takeovers and raising record amounts of capital.




But unlike the Blackstone IPO, KKR's owners are not selling
any common units or receiving any net proceeds from the offering.


Read more at Reuters.com Bonds News

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