Private equity firm, Kohlberg Kravis Roberts (KKR), will invest in Australian recycling group, CMA. The restructuring will allow CMA to recommence trading on the Australian Stock Exchange. KKR is expected to invest about $90 million in the company, which is part of a restructuring proposal announced by CMA, adds Reuters. The firm’s KKR Asset Management subsidiary, on behalf of its funds and accounts, had previously invested in the company in March 2011 through a secondary purchase.
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