KKR and KUFPEC Hone in on DEA Deal
Posted on 11/08/2013
Rumors are circulating that the Kuwait Foreign Petroleum Exploration Co. (KUFPEC), in concert with private equity firm Kohlberg Kravis Roberts & Co. (KKR), is putting out a bid for German utility RWE’s oil and gas arm DEA. Back in July 2013, Qatari public investors expressed interest in DEA but cooled afterwards. RWE had made announcements […]