KKR agrees to buy stake in AppLovin at $2 billion valuation

KKR agrees to buy stake in AppLovin at $2 billion valuation

6 years ago
Anonymous $hM_jrxqbr-

https://www.reuters.com/article/us-applovin-m-a-kkr/kkr-agrees-to-buy-stake-in-applovin-at-2-billion-valuation-idUSKBN1K62W5

Private equity firm KKR & Co said on Monday it will acquire a minority stake in AppLovin Corp for $400 million, just months after the U.S. mobile marketing firm was forced by Washington to scrap a deal to be acquired by a Chinese buyout firm.