Hedge funds cut NFLX, keep big bets on MSFT, AMZN, add NVDA
Investing.com -- KKR & Co (NYSE:KKR). is exploring a potential acquisition of Italian health-care technology company GPI SpA, according to Bloomberg, citing sources familiar with the matter.
The U.S. private equity firm has been consulting with advisers in recent weeks about a possible deal to take the Trent-based company private, the sources said.
GPI shares have increased 24% in Milan trading this year, giving the company a market value of approximately €377 million ($438 million).
The company’s largest shareholder is an investment vehicle backed by GPI Chief Executive Officer Fausto Manzana, which holds a 48% stake.
While discussions are ongoing, there is no guarantee they will result in a transaction, the sources indicated.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.