Reported 1 day ago
KKR, a private equity firm, is set to acquire ProTen, one of Australia's leading broiler chicken producers, from Aware Super, though financial details remain undisclosed. Established in 2001 and managing over 700 poultry sheds across more than 60 farms, ProTen has been under Aware Super's ownership since 2018. The acquisition will be funded through KKR's Asia Pacific Infrastructure Investors II Fund, which has grown to approximately $13 billion since its launch in 2019. The deal is expected to finalize later this year, pending regulatory approvals.
Source: YAHOO