Home Economics US firm KKR to buy stake in Chinese appliance giant

US firm KKR to buy stake in Chinese appliance giant

When you purchase through our sponsored links, we may earn a commission. By using this website you agree to our T&Cs.

US firm KKR to buy stake in Chinese appliance giant (via AFP)

US investment firm Kohlberg Kravis Roberts (KKR) has agreed to buy a 10 percent share in China’s biggest appliance maker Qingdao Haier, in its biggest investment in the country. KKR will pay about $556 million for the stake, which the two companies…

Our Editorial Standards

At ValueWalk, we’re committed to providing accurate, research-backed information. Our editors go above and beyond to ensure our content is trustworthy and transparent.

AFP
Editor

Want Financial Guidance Sent Straight to You?

  • Pop your email in the box, and you'll receive bi-weekly emails from ValueWalk.
  • We never send spam — only the latest financial news and guides to help you take charge of your financial future.