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KKR to acquire Goodpack in a $1.4b deal

Affiliate of KKR is making an offer to shareholders at $2.50 per share

This will comprise US$150 million in cash and US$370 million by the issuance of 280.1 million new EOC shares to Ezra based on the issue price of NOK 8.18 per new share - PHOTO: REUTERS

GLOBAL private equity firm KKR is acquiring Goodpack in a deal that values the local packaging logistics company at about $1.4 billion. This comes after reports last week that KKR was nearing a deal to buy the Singapore-based company. In an announcement to the Singapore Exchange yesterday,