KKR to Acquire Sports Investor Arctos in $1.4 Billion Deal

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. (Bloomberg) -- KKR & Co. has agreed to acquire sports and secondaries investor Arctos Partners in a $1.4 billion deal, in a major push into a booming industry. Arctos will become part of a new unit called KKR Solutions, which will be led by Arctos co-founder Ian Charles, according to a statement on Thursday.  The cash-and-equity deal is initially valued at $1.4 billion plus further potent ...