KKR and RJR Nabisco
Just read Barbarians at the Gate. I know that this was one of the biggest LBOs but I was wondering if anyone knows how it panned out over the next few years, and if KKR made money off of it?
Just read Barbarians at the Gate. I know that this was one of the biggest LBOs but I was wondering if anyone knows how it panned out over the next few years, and if KKR made money off of it?
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Ended up being swapped into a new LBO; some discussion here:
//www.wallstreetoasis.com/forums/rjr-nabisco-lbo-0
I don't think they had a great IRR on the deal.
.
They still don't share in losses. No PE firm does.
Thanks guys!
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