KKR to set up Asian offices

US private equity firm establishes Asian base following rumoured Samsung Life bid.

US private equity firm Kohlberg Kravis Roberts Co. KKR has announced plans to establish its first offices in the Asian region, opening up in Hong Kong and Tokyo. The move follows on the heels of a rumoured failed bid to acquire Samsung Life earlier this summer.

According to the world's largest buyout firm, it intends to pursue long-term opportunities in both emerging and well-established economies throughout the region. Business-wise, KKR will look to manufacturing, sourcing of...

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