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Announced

KKR to acquire Q-Park.

Synopsis

KKR, a leading global investment firm, has agreed to acquire Q-Park, parking services provider. Financial terms were not disclosed. "We are delighted to have received the approval of the full Q-Park's shareholder base. We look forward to working with the company to support its growth strategy, team up with public and private partners to provide mobility solutions for the cities and offer Q-Park enhanced access to funding in the context of the anticipated consolidation of the fragmented parking industry." Vincent Policard, KKR Infrastructure Director.

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