Thursday July 9, 2020

Floating King Henry

Henry Kravis could never be described as predictable. Twenty years ago, he stunned the business world when he orchestrated the $30 billion takeover of RJR Nabisco, an iconic American food and tobacco company. Now he is confounding business observers

2nd August, 2008

Henry Kravis could never be described as predictable. Twenty years ago, he stunned the business world when he orchestrated the $30 billion takeover of RJR Nabisco, an iconic American food and tobacco company. Now he is confounding business observers with plans to float his private equity firm Kohlberg Kravis Roberts (KKR), despite the global slump in the stock markets and private equity sector.

As Kravis last week outlined plans for the flotation - which could value...

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