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KKR May Buy Oceanus For $500M

Private equity firm, Kohlberg Kravis Roberts, may acquire Oceanus Group.

Private equity firm, Kohlberg Kravis Roberts (KKR), may acquire Oceanus Group, Reuters reports. The deal is estimated to be worth about $500 million.

KKR has secured a $300-400 million financing from a group of banks. Singapore-listed Oceanus has two main business segments of aquaculture production and abalone processing and distribution.

Click here for the story from Reuters.

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