KKR Shunning Toxic Assets

22 Apr 2009

Kohlberg Kravis Roberts does not plan to participate in the government plan to purchase U.S. toxic assets.

Kohlberg Kravis Roberts does not plan to participate in the government plan to purchase U.S. toxic assets. According to Deryck Maughan, a partner at the private equity giant, buying such assets does not fit with the firm’s strategy, which typically invests in companies for an average of seven ...

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