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KKR Agrees To Make Growth Investment In Strategic Advisory And Communications Firm, FGS Global; Terms Not Disclosed

Author: Benzinga Newsdesk | April 11, 2023 05:32am

Under the terms of the agreement, WPP plc will remain FGS Global's majority owner and FGS employees will remain substantial shareholders. FGS also plans to expand its employee ownership to include nearly half of its staff worldwide. Golden Gate Capital, an FGS shareholder since 2016, will exit its investment through the sale of its interest to KKR. The transaction is expected to close before the end of the third quarter of 2023

Posted In: KKR WPP


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