KKR plans to acquire PRA, a famous cro company, for us $1.3 billion
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Last Update: 2013-06-26
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Source: Internet
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Author: User
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Source: Biovalley 2013-6-26 Kohlberg Kravis Roberts is planning to acquire PRA company through a US $1.3 billion acquisition, a contract research cro company in more than 80 countries around the world, which marks that KKR company will take this opportunity to enter the field of contract research PRA has developed rapidly in the past 12 years, becoming one of the largest companies in cro field Its main business is to undertake some research work for some pharmaceutical enterprises At present, PRA is headquartered in Raleigh, North Carolina, USA it employs more than 4700 people in more than 80 countries PRA has more than 30 years of service experience, has carried out more than 3100 clinical studies, and has made contributions to the successful approval of 40 drugs in multiple treatment fields Kohlberg Kravis Roberts & Co is a private equity investment company headquartered in New York, USA It funds and manages many investment funds, and mainly focuses on leveraged buyouts of mature enterprises KKR's main investment areas are leveraged buyouts and growth capital Since 1977, KKR has invested in more than 160 companies The company has completed more than 400 billion US dollars of private equity transactions and has become the pioneer and leader in the field of leveraged buyouts Original link: http://www.finebiotech.com/story/kkr-scops-global-cro-pra-13b-buyout-deal/2013-06-24
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