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Market Chatter: KKR Considering Sale of Majority Stake in EuroKids
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Market Chatter: KKR Considering Sale of Majority Stake in EuroKids
Mar 15, 2024 12:05 PM

02:37 PM EDT, 03/15/2024 (MT Newswires) -- KKR & Co ( KKR ) is considering the potential sale of its majority stake in EuroKids International for about $1 billion, Bloomberg reported, citing people familiar with the matter.

The firm is seeking financial advisers to help evaluate a sale of the the Indian pre-school and early-learning chain, the report said. KKR declined to comment, Bloomberg said.

The firm did not immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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