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Stacked Farm secures new investment

Stacked Farm secures new investment
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KKR to list majority-owned Australian pub group seeking $271m


KKR to list majority-owned Australian pub group seeking $271m
Photo: Reuters
May 3, 2021
Private-equity firm KKR is seeking to raise A$352 million ($271.36 million) in the initial public offering of its majority-owned pub group Australia Venue Co. (AVC), according to a memo seen by Reuters.
The raising will be in exchange for a minority stake in one of Australia’s largest pub companies, in a deal valuing the group at A$903 million, according to the document sent to investors on Monday.
Representatives for KKR and Australia Venue declined to comment.
KKR’s current 80% ownership will be significantly diluted as the firm does not intend to sell any shares, a source with knowledge of the deal added, declining to be identified as the person could not speak publicly. ....

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KKR to list Australian majority-owned pub group seeking $271 mln - memo


2 Min Read
SYDNEY, May 3 (Reuters) - Private-equity firm KKR is seeking to raise A$352 million ($271.36 million) in the initial public offering of its majority-owned pub group Australia Venue Co. (AVC), according to a memo seen by Reuters.
The raising will be in exchange for a minority stake in one of Australia’s largest pub companies, in a deal valuing the group at A$903 million, according the document sent to investors on Monday.
Representatives for KKR and Australia Venue declined to comment.
KKR’s current 80% ownership will be significantly diluted as the firm does not intend to sell any shares, a source with knowledge of the deal added, declining to be identified as the person could not speak publicly. ....

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일 언론 "'조선인 전범' 구제 외면…일본의 정의는 무엇인가"

일 언론 "'조선인 전범' 구제 외면…일본의 정의는 무엇인가"
vop.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vop.co.kr Daily Mail and Mail on Sunday newspapers.

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