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Market Chatter: KKR, TPG Said to Be Exploring Buyout, Other Options for PropertyGuru
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Market Chatter: KKR, TPG Said to Be Exploring Buyout, Other Options for PropertyGuru
May 22, 2024 5:22 AM

07:55 AM EDT, 05/22/2024 (MT Newswires) -- KKR & Co. ( KKR ) and TPG Inc. ( TPG ) are weighing a buyout among other options of PropertyGuru Group ( PGRU ) , Bloomberg reported, citing people familiar with the matter.

KKR and TPG, which own about 26.5% and 29.6% of PropertyGuru ( PGRU ), respectively, could also decide to buy the remaining shares they don't already own, Bloomberg reported, citing the people.

(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.)

Price: 107.93, Change: +1.44, Percent Change: +1.35

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