Home » Business » KKR buys Kobalt Capital's music rights portfolio in $1.1 billion deal

KKR buys Kobalt Capital's music rights portfolio in $1.1 billion deal

10/19/2021

FILE PHOTO: Trading information for KKR & Co is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 23, 2018. REUTERS/Brendan McDermid

(Reuters) – Private equity giant KKR & Co, along with the family office of former Goldman Sachs partner Stephen Hendel, has bought Kobalt Capital’s music rights portfolio in a $1.1 billion deal, the companies said on Tuesday.

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KKR buys Kobalt Capital's music rights portfolio in $1.1 billion deal

Meati Foods, plant-based protein producer, to cut 20% of its positions

NPR C.E.O. to Retire at Year’s End

Mohamed al-Fayed, Tycoon Whose Son Died With Diana, Is Dead at 94