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KKR bids US$500m for Australian mortgage lender Pepper

Deal comes amid early signs of property market slowdown
Thursday, July 6, 2017 - 05:50

Sydney

US private equity giant KKR & Co LP has moved to bolster its presence in Australia's lucrative mortgage market on Wednesday, joining a rush of players hungry for a slice of a property boom even as the sector shows early signs of slowing.

KKR Credit Advisors LLC made a US

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