Buy-out of broker steps up market competition
COMPETITION in the UK buy-out market is set to become even more intense, following the £951m leveraged buy-out of insurance broker Willis Corroon by legendary US buy-out specialists Kohlberg Kravis Roberts (KKR). KKR shot to fame in the 1980s with its audacious $30bn buy-out of RJR Nabisco – at the time the world’s largest ever […]