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KKR's Kravis: Brexit could spark deals in Europe

KKR & Co’s co-chief executive Henry Kravis says the global private equity giant sees Brexit sparking a wave of dealmaking opportunities in Europe.

KKR's Henry Kravis believes the Brexit vote could spur European buyout activity
KKR's Henry Kravis believes the Brexit vote could spur European buyout activity Photo: iStock

KKR & Co’s co-chief executive Henry Kravis says the global private equity giant sees Brexit sparking a wave of dealmaking opportunities in Europe.

"I think Brexit is going to be a dislocation for a long time," Kravis said on July 20 at a Hong Kong event for The Women's Foundation. "I think you'll see it more in the next 12 to 24 months more than you'll see it today because so far nothing's really happened except real estate prices in the UK have started to come down pretty precipitously."

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