The global investment firm, headquartered in New York City, manages multiple alternative asset classes, including private equity, real estate, and energy.
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News about KKR
Private equity firm making initial $50 million commitment.
The deal creates an auto-parts maker with more than $17 billion in annual revenue and 65,000 workers from Tokyo to Milan.
At $75 billion, Bytedance would just eclipse Uber Technologies Inc., valued at $72 billion.
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A last-minute dramatic twist to a highly contentious auction.