Kohlberg Kravis Roberts, the global private equity firm, has extended the deadline for its proposed merger with Euronext-listed vehicle KKR Private Equity Investors, known as KPE.
Under a plan revealed in July last year the global firm intended to delist KPE, whose steep discount to net asset value and low trading volumes had disappointed its management team, prior to listing KKR in its entirety on the New York Stock Exchange.