KKR picks up 50% stake in Hong Kong shopping centre for $22.9m

KKR picks up 50% stake in Hong Kong shopping centre for $22.9m

REUTERS/Brendan McDermid

Global investment powerhouse KKR & Co is paying HK$180 million ($22.9 million) to acquire a 50 per cent stake in a two-storey shopping centre in Hong Kong owned by Wang On Group, according to a stock exchange filing.

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