Henry Kravis’s messed-up efforts to take US private equity giant Kohlberg Kravis & Roberts (KKR) public have turned out to be a humorous sideshow compared with the mogul’s real problems.
Shares of KKR, which is run by Kravis and his cousin, George Roberts, finally began trading on a US exchange last week, three years later than the New York-based firm intended.
KKR hopes that moving its listing to the more liquid...
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