KKR To Take Majority Stake In NVC Lighting’s China Business For $794M

Global investment firm KKR announced on Sunday that it would pay US$794 million for a majority stake in the China lighting business of Hong Kong-listed NVC Lighting. The two companies will set up a strategic partnership for the business. Upon the completion of the transaction, KKR will own 70% of NVC China, while NVC Lighting […]

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