KKR has acquired WPP’s full equity position in the communications and public affairs consultancy FGS Global.
The deal values FGS at $1.7bn and follows KKR’s initial minority investment for a 29% stake in July 2023.
Private Equity
KKR buys majority stake in FGS Global from WPP in $1.7bn deal
The acquisition comes after KKR made an initial minority investment in July 2023
KKR has acquired WPP’s full equity position in the communications and public affairs consultancy FGS Global.
The deal values FGS at $1.7bn and follows KKR’s initial minority investment for a 29% stake in July 2023.