CVC, Bain, KKR walk away from Coles Group acquisition

31 May 2007

The private equity consortium bidding for Australia’s Coles Group has been left in tatters after three firms walked out of the deal.

CVC Capital Partners, Bain Capital and Kohlberg Kravis Roberts have all decided to drop out of the chase for the supermarket group thus strengthening Wesfarmers’ grip ...

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