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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

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Nisha Ramchandani

Nisha Ramchandani

Published Tue, May 27, 2014 · 10:00 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    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, Goodpack said that an affiliate of KKR is making an offer for shares held by Goodpack's shareholders at $2.50 per share. The proposed acquisition will be by way of a scheme of arrangement.

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