Fashion
KKR buys stake in Novo for 30 million dollars
International buyout fund KKR & Co L.P. has acquired a stake in Chinese privately held retailer Novo Holdco Ltd for 30 million dollars. The investor sees its investment in Novo as a long-term bet. Kohlberg Kravis Roberts & Co. L.P. (together with its affiliates, "KKR") have announced that KKR China Growth Fund L.P., a China-focused investment...
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