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KKR-led consortium takes $160m stake in Chinese lending company

14 Oct 2009

New York private equity firm Kohlberg Kravis Roberts has led a consortium which invested $160m in a Chinese lender. KKR invested alongside the Government of Singapore Investment Corporation and China International Capital Corporation to take a “significant” minority stake in International Far Eastern Leasing, a Chinese lender to small and medium-sized businesses controlled by state conglomerate Sinochem.

 

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