COMPANIES Kohlberg Kravis Roberts, the world’s biggest buy-out group, is preparing up to six companies for initial public offerings worth billions of dollars, including Toys R Us, as it sells some of its most valuable groups back to the stock market.
There have been virtually no IPOs in the past two years, but as the worst of the financial crisis recedes and stock markets start to rebound, investors are eagerly waiting to see if private equity firms such as KKR will start listing companies bought in the boom years.
