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KKR completes acquisition of majority position in FGS Global to support long-term growth

KKR completes acquisition of majority position in FGS Global to support long-term growth

08/07/24, 6:08 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/IN.svgharyana
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgnew york
Industry
other
KKR has announced the acquisition of WPP’s full equity position in FGS Global, valuing FGS at US $1.7 billion. This strategic investment underscores KKR’s commitment to supporting FGS’s vision and strategy to be the leading global communications advisor and helping clients navigate the increasingly complex stakeholder economy.

Company Info

Company
KKR
Location
Haryana, India
Company info
KKR is a leading global investment firm that offers alternative asset management and capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of The Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com and on Twitter @KKR_Co.

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