KKR is preparing around six companies for initial public offerings (IPOs) worth billions of dollars, Financial Times reports. It is planning to float companies, including U.S. toy retailer, Toys R Us, American hospital group, HCA, credit card processor, First Data, Danish telecom group, TDC and discount retailer, Dollar General.
The New York-based buy-out firm has already filed for an IPO of Avago Technologies, the Singapore-based semiconductor company, which it bought with Silver Lake for $2.66 billion in 2005. KKR, which will file new IPOs in the next 12 months, posted a $1.2 billion loss in 2008.
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