Reuters – KKR Makes Move for Gardner Denver
Private equity firm KKR & Co LP has submitted an offer of $75 per share for Gardner Denver Inc., valuing the industrial machinery maker at close to $3.7 billion, Reuters reported on Thursday. The offer, submitted late on Thursday to meet a 1700 Eastern Time deadline, puts KKR in the pole position to buy the Wayne, Pennsylvania-based company, after sources told Reuters that other private equity bidders have abandoned the process.
22 February 2013•2 mins read
