Willis Corroon set for growth in £951m US takeover deal.
Willis Corroon has announced its intention to grow via acquisition once the takeover by US buyout sp...
Willis Corroon has announced its intention to grow via acquisitiononce the takeover by US buyout specialist Kohlberg Kravis Roberts has been
completed.
Last month, KKR led a total cash offer of £851m for the firm - its largest
investment in Europe to date. An additional £100m for acquisition costs
and refinancing debts, made the final cost of the deal £951m. The deal
would see Willis Corroon switch from a publicly listed company to a
private firm.
Perry Golkin of KKR, said: "We will assess
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