Report: Permira, KKR circle telemarketer

KKR is reportedly among the firms eyeing a $1.5bn deal for a Citi-owned Japanese telemarketer. If agreed, it would mark KKR's first Japanese LBO since opening in Tokyo.

Three months after making its first investment in South Korea, global buyout firm Kohlberg Kravis Roberts is now reportedly looking to do its first Japanese buyout deal.

The firm, along with London-headquartered Permira, has been asked to submit first round bids by 1 September for Bellsystem24, a Japanese telemarketing and customer services firm owned by Citi, Reuters reported.

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