KKR snaps up UK infrastructure investor John Laing in £2bn deal
Last modified on Wed 19 May 2021 09.44 EDT The private-equity firm KKR has agreed to buy the UK infrastructure investor John Laing, which has stakes in Alder Hey childrenâs hospital in Liverpool and a retirement homebuilding project with McCarthy & Stone, in a deal valued at about £2bn. The takeover values the London-listed firm at 403p a share, which represents a 27% premium on the closing price of John Laing stock on 5 May, the day before it confirmed it was in talks with KKR. John Laing has invested in more than 150 projects and businesses since it was founded, across a range of se...