KKR-backed 8S Capital Holdings offered to privatize 800 Super Holdings.

KKR-backed 8S Capital Holdings offered to privatize 800 Super Holdings, a Singapore-listed environmental services provider. 8S intends to offer S$0.90 in cash per offer share, which represents a premium of 30.6% to 800 Super's 1-month volume weighted average price. The offer values the company at S$161m ($118m). Lee Cheng Chye, a Director of 8S, said: “Our family welcomes the financing solution provided by KKR. The innovative structure of the deal enables us to continue owning the Company and we look forward to go on working with the Company’s existing management team and employees in partnership with KKR.” Lee Cheng Chye is also an Executive Director and the Chief Executive Officer of 800 Super.