PIE-TICKER
Private equity group to acquire German "green dot" firm
US private equity group Kohlberg Kravis Roberts (KKR, www.kkr.com), New York / New York, has made a EUR 970m takeover offer to shareholders of Duales System Deutschland (DSD, www.gruener-punkt.de), Cologne / Germany, the national packaging waste collection and recycling company. The offer for DSD, which awards the green recycling dot, runs until 23 December and is aimed at acquiring at least 75% of the company's equity. The waste company has been ordered to revise its shareholder structure to avoid monopoly proceedings.
09.12.2004 Plasteurope.com [11916]
Published on 09.12.2004