KKR to sell CTT’s Japan and Korea businesses to institutional investors
KKR says it will sell CTT’s Japan and Korea businesses to institutional investors, with financial terms not disclosed.
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KKR says it will sell CTT’s Japan and Korea businesses to institutional investors, with financial terms not disclosed.
KKR & Co Inc NYSE:KKR
KKR to Sell CTT's Japan and Korea Businesses to Institutional Investors
KKR said funds managed by it have agreed separate deals to sell Central Tank Terminal Co. in Japan and Central Terminal Korea Co. in Korea. Financial terms were not disclosed and completion is subject to customary closing conditions.
Global investment firm KKR today announced that funds managed by KKR have entered into separate agreements with institutional investors to sell Central Tank Terminal Co., Ltd. (“CTT”) in Japan and Central Terminal Korea Co., Ltd. (“CTK”) in Korea.CTT operates 12 tank-storage terminals across Japan’…