UPDATE: Petco prices IPO above target range to raise $864 million

UPDATE: Petco prices IPO above target range to raise $864 million

Pet retailer Petco Health and Wellness Company Inc said on Wednesday it sold shares in its initial public offering (IPO) at $18 apiece, above its target range, to raise about $864 million. Petco, which is owned by the Canada Pension Plan Investment Board (CPP...
KKR Closes First Asia Real Estate Fund at $1.7 billion

KKR Closes First Asia Real Estate Fund at $1.7 billion

KKR, a leading global investment firm, today announced the final close of KKR Asia Real Estate Partners (“AREP” or the “Fund”), a US$1.7 billion fund focused on opportunistic real estate investments in Asia Pacific. “AREP’s close marks the next chapter of growth for...
Murakami-backed fund plans Japanese bid battle with Carlyle

Murakami-backed fund plans Japanese bid battle with Carlyle

A Japanese fund backed by veteran investor Yoshiaki Murakami plans to make an $173 million bid for energy and environment firm Japan Asia Group (JAG), topping a management buyout offer backed by Carlyle Group. City Index Eleventh said on Thursday it would offer 840...