Kohlberg Kravis Roberts

Big names funding Causaly

Yiannis Kiachopoulos and Artur Saudabayev's Greek startup Causaly has raised $60 million. The main investor is ICONIQ Growth, which manages funds from the wealth of billionaires in the technology sector, including Facebook founder Mark Zuckerberg and Yahoo co-founder Jerry Yang.

State lender greenlights offer for Telecom Italia to counter KKR

The board of Italian state lender CDP said on March 5 it backed making a joint non-binding offer with Macquarie Asset Management for the fixed network of Telecom Italia (TIM).

The offer will go up against a rival bid from U.S. investment fund KKR, which last month made a 20-billion-euro ($21.2-billion) offer for a controlling stake.

At Columbia’s $600 million business school, time to rethink capitalism

NEW YORK - One zigs, the other zags. One teases the passerby with bands of translucent glass wrapping a core of clear windows; the other, with floors angled in and out - a gentle architectural mambo. The pair of buildings that comprise Columbia University's new business school, on its growing Manhattanville campus, exude a nervous off-kilter energy.

Greece shortlists nine investors for 30 pct stake in Athens airport

Greece has shortlisted nine investors in a tender for a minority stake in Athens International Airport (AIA), the country's biggest, its privatisation agency said on Friday.

The sale is crucial for Greece which emerged from international bailouts in 2018 and is aiming for privatisation receipts of 2.4 billion euros ($2.7 billion) this year.

Hugo Velez to Kathimerini: Securitizations a tool in the fight against NPLs

With significant experience in the management of nonperforming loans (NPLs) and real estate owned properties (REOs), and more than 20 billion euros of managed assets, HipoGes Iberia, a KKR group company, enters the Greek market under the dual capacity of NPL manager and real estate services provider.

United Group Dismisses Fears of 'Change' After Buyout

United Group's General Counsel, Steve Leroy, said nothing would change after the private equity firm BC Partners this week acquired a majority stake in the largest alternative pay-TV company in former Yugoslavia.

"The future plans for the companies within the group, including the N1 news network, will not change," Leroy told BIRN.

BC Partners Buys Serbia's Biggest Cable Group United Group

A private equity firm, BC Partners, is to take over majority ownership of Serbia's largest cable company, United Group, from the US-based equity firm, KKR, which will downgrade to minority owner, BC Partners and KKR announced jointly on Thursday. 

"BC Partners is the final buyer of KKR's stake," BC Partners told BIRN on Thursday.

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