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KKR, Goldman Sachs back out of Harman deal
Published on Mon, Sep 24, 2007 at 09:34 | Updated at Mon, Sep 24, 2007 at 13:21 | Source : Moneycontrol.com
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Kohlberg Kravis Roberts and Goldman Sachs' private equity unit have backed out of their USD 8 billion buyout of upscale audio equipment maker Harman International Industries. This makes it the latest in a string of such deals to run into trouble amid tightening global credit conditions.
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Today's Special Column
with Pronab Sen
Union Ministry of Statistics and Programme Implementation , Chief Statistician and Secretary
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