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KKR Circles Germany’s Velero After Withdrawn IPO

Private Equity Firm Eyes Berlin-Based Apartment Manager After €550M Equity Raise Shelved
Source: Getty Images
Source: Getty Images
By Richarid Meier and Sharon Smyth
December 1, 2020 | 3:09 P.M.

US private equity giant KKR has set its sights on acquiring Velero Immobilien AG
after the German apartment manager cancelled plans to hold an IPO to fund expansion.

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