KKR Plans $425M Ipreo Buy

Kohlberg Kravis Roberts & Co. is expected to pay $425 million to buy Ipreo Holdings, a provider of capital-markets data for financial institutions, Reuters reported, citing an article in the Wall Street Journal. The firm will buy Ipreo from Veronis Suhler Stevenson. Ipreo was formed by the merger of i-Deal and Hemscott in 2006, with the backing of Veronis, Merrill Lynch and Citigroup, Reuters wrote.

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