Kohlberg Kravis Roberts (KKR) has partnered with a Turkish group to bid for Dogan Yayin assets, Reuters reports. KKR, Time Warner and U.S. private equity fund, Texas Pacific Group are among the shortlisted bidders for the Turkish media group’s assets. Time Warner is already a partner with Dogan in a joint venture, which operates the CNN Turk news channel. KKR and its Turkish partner are being advised by Pragma Corporate Finance on the deal.
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