US firm KKR to buy stake in Chinese appliance giant
Image source: Pixabay

US firm KKR to buy stake in Chinese appliance giant (via AFP)


(adsbygoogle = window.adsbygoogle || []).push({});

@media (max-width: 600px) {
#admobil {
display:none;
}
#adpost {
display:inline-block;
width:300px !important;
height:250px;
}
}

@media (min-width: 600px) {
#admobil {
display:none;
}
#adpost {
display:inline-block;
width:336px;
height:280px;
}
}

US investment firm Kohlberg Kravis Roberts (KKR) has agreed to buy a 10 percent share in China’s biggest appliance maker Qingdao Haier, in its biggest investment in the country. KKR will pay about $556 million for the stake, which the two companies…