This is good news.
KKR's relationships in US should mean more interest in SAI's compliance unit .
The part I liked most was the other potential bidders...for parts of the business....there seems to be a few....
"UK-based teaching software provider SkillSoft, owned by private equity firm Charterhouse Capital, has its eye on the compliance division. It is also believed Bureau Veritas, Intertek and Det Norske Veritas are weighing offers for parts or all of the company."
Not sure why the shareprice fell to $5.05 on close today but I've ceased trying to interpret small shareprice moves...I presume its just noise...I think we have the backdrop for a decent battle between bidders. Also like the fact that Perpetual have a sizable stake in SAI.
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This is good news. KKR's relationships in US should mean more...
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