KKR walks away from Freescale

A buyout consortium led by Kohlberg Kravis Roberts has dropped out of the battle to take US-listed semiconductors maker Freescale private, clearing the path for a rival bid.

KKR, Apax Partners, Bain Capital and Silver Lake announced they were withdrawing from the bidding after the New York market closed last night.

WSJ Logo
Aviva Takeover of Direct Line Gets Green Light From U.K. Antitrust WatchdogExternal link

Aviva Takeover of Direct Line Gets Green Light From U.K. Antitrust Watchdog