KKR ends sale of Goodpack due to COVID-19: Reuters

KKR has ended its sale of Singapore-based Goodpack, an intermediate bulk container maker, due to the coronavirus crisis taking a toll on the deal's valuations, reported Reuters.

KKR has ended its sale of Singapore-based Goodpack, an intermediate bulk container maker, due to the coronavirus crisis taking a toll on the deal’s valuations, reported Reuters. The news outlet noted that KKR had received bids earlier this year that put Goodpack at a valuation of about $2 billion.

Source: Reuters