07:40 AM EDT, 06/23/2025 (MT Newswires) -- KKR (KKR) is reportedly close to acquiring an 85% stake in Chinese beverage company Dayao, Bloomberg reported Monday, citing unnamed people familiar with the situation.

The deal is not yet finalized, the sources said. Dayao's founders are expected to retain a minority stake in the company, according to the report.

KKR did not immediately respond to MT Newswires' request for comment, while Dayao could not be immediately reached.

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