Australia's Treasury Wine Estates said on Monday it had received a revised conditional takeover bid from Kohlberg Kravis Roberts & Co LP and Rhone Capital LLC and would grant the bidders access for due diligence. Treasury said KKR had raised its bid by 10.6 percent to A$5.20 per share from the A$4.70 it offered in April, now valuing the world's second-largest winemaker at A$3.38 billion ($3.15 billion).
KKR & Co. L.P. (KKR), incorporated on June 25, 2007, is a global investment company. Shares of KKR fell by 0.13% or $-0.03/share to $22.89. In the past year, the shares have traded as low as $18.74 and as high as $26.50. On average, 2746750 shares of KKR exchange hands on a given day and today's volume is recorded at 4291568.
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