KKR

KKR drops plans for NYSE flotation

Kohlberg Kravis Roberts abandoned plans for a New York Stock Exchange flotation on Wednesday, as the private equity group opted instead to give itself an Amsterdam public listing.

KKR had planned to merge its operations with those of KKR Private Equity Investors (KPE), its Euronext Amsterdam-listed fund, and then list the entire operation on the NYSE.

However, in a statement on Wednesday, KKR announced a revised plan for combining KKR and KPE, under which the Amsterdam listing would be retained.

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