Tuesday Merger Roundup: KKR, VMW, MIDD

Kohlberg Kravis Roberts & Co. (KKR) announced the signing of a definitive agreement under which funds advised or controlled by KKR are acquiring the SBB/Telemach Group from Mid Europa Partners. The executive management team led by founder Dragan olak will remain in place and retain a substantial stake in SBB/Telemach Group. Financial terms of the transaction were not disclosed.