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KKR, Wendel back in Legrand driving seatSchneider has finally decided to sell Legrand to KKR and Wendel Investissement, ending the French group's prospects for becoming the world's largest equipment manufacturer.
- KKR close to Siemens assets
The US private equity firm is in advanced talks regarding the purchase of several engineering units as it closes the E3.7bn acquisition of Legrand.
- KKR completes Legrand deal
The KKR-backed Wendel Consortium has agreed to pay E3.63bn for French electronics components firm Legrand.
- Sale of Legrand nears
Two private equity firms form part of a consortium in exclusive talks to acquire the electronics firm for circa. $5bn.
- Legrand deal hits home straight
Kohlberg Kravis Roberts and Wendel Investissements have confirmed that they are in exclusive talks over a E3.7bn deal for the electronics firm.