KKR to buy sports investor Arctos at $1 billion valuation, Bloomberg News reports

 

Jan 6 (Reuters) – Global investment firm KKR has agreed to acquire Arctos Partners in a deal that values the sports-focused private equity firm at about $1 billion, Bloomberg News reported on Tuesday.

(Reporting by Harshita Mary Varghese in Bengaluru; Editing by Shilpi Majumdar)

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