KKR Entities Reduce Stake in Steadfast Group

MT Newswires Live
05/21

Steadfast Group (ASX:SDF) said the voting power of Kohlberg Kravis Roberts (KKR) entities in the firm decreased to 5.21% from 6.25% previously on Monday, according to a Thursday Australian bourse filing.

The KKR entities include Comet Asia Holdings II, Comet Asia Holdings I, KKR Asia III Fund Investments, and KKR Asian Fund. They now hold nearly 58 million fully paid ordinary shares in the firm.

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