KKR Again Raises Bid For Circor, Offering 77% Premium

Credit: Circor
Private equity (PE) investors at KKR hope the third time is the charm after they agreed to top up their bid yet again for Circor, this time to $56 per share. That is far above the $49 and $51 that were both agreed to until third-parties bidders forced further plus-ups. KKR and Circor made the...
Michael Bruno

Based in Washington, Michael Bruno is Aviation Week Network’s Executive Editor for Business. He oversees coverage of aviation, aerospace and defense businesses, supply chains and related issues.

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