Refresco and KKR Explore IPO Above 10B
Refresco and its owner KKR are weighing an initial public offering that could value the beverage manufacturer at over 10 billion dollars. The company recently consulted investment banks regarding a potential listing in the United States or Europe.
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Refresco is exploring an IPO that could value the independent beverage manufacturer at more than $10B. The Netherlands-based company and its owner KKR recently took pitches from investment banks for the potential listing. The move highlights private equity's push to monetize infrastructure-backed assets despite choppy public equity markets.
