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Saturday, 18 May 2013

KKR’s $7.2 bln Samson deal looks more BO than LBO

KKR’s BO

The private equity firm and its partners are putting more than 50 pct equity down to buy the Oklahoma energy firm. That surely reflects more than Henry Kravis’ desire to bet on a hometown play. Banks are understandably nervous about lending against the promise of wildcat riches.

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