Brief: Kkr Reaffirms Intention To Acquire Circor International
28/06/2023 14:30
June 28 (Reuters) - KKR & Co Inc KKR.N :
* KKR REAFFIRMS INTENTION TO ACQUIRE CIRCOR INTERNATIONAL
* KKR & CO INC: IS CONFIDENT THAT ITS TRANSACTION TO ACQUIRE
CIRCOR MAXIMIZES SHAREHOLDER VALUE WHILE MINIMIZING REGULATORY,
MARKET, AND INDUSTRY RISKS
* KKR & CO INC: HAS ALSO AGREED TO ELIMINATE THIRD PARTY
FINANCING
RISK FROM ITS CIRCOR TRANSACTION BY PROVIDING A FULL EQUITY
BACKSTOP OF TRANSACTION
* KKR - BELIEVES ITS TRANSACTION PRESENTS NO RISK OF
ANTITRUST
DELAYS OR FAILURE TO CLOSE AT EXPENSE OF CIRCOR SHAREHOLDERS
Source text for Eikon: ID:nBw3W43yVa
Further company coverage: KKR.N
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