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Announced

Completed

KKR completed the acquisition of a 37.39% stake in TSK for $386m.

Financials

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Transaction Value£298m
Consideration TypeCash
Capital Owned-
Capital Bid For37%
EV/Sales1.7x
EV/EBITDA9.49x
Share Price Premium-
One Off Charge-

Sources

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Tags

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Private Equity

Private

Completed

Minority

Friendly

South Korea

water treatment

Single Bidder

Environmental / Waste Management

Acquisition

Cross Border

Synopsis

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KKR completed the acquisition of a 37.39% stake in TSK, a water sewage treatment company, from SK Discovery, which wholesales and distributes natural gas, SK Engineering & Construction, a construction engineering company, and Huvis, a Korea-based company engaged in the manufacture of polyester fibers, for $386m.

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