KKR to buy UK's John Laing for about $2.84 billion

FILE PHOTO: Trading information for KKR & Co is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 23, 2018. REUTERS/Brendan McDermid

(Reuters) – Private equity firm KKR said on Wednesday it has agreed to buy British infrastructure investor John Laing Group in a deal valued at about 2 billion pounds ($2.84 billion).

John Laing shareholders will be entitled to get 403 pence per share in cash, it said.

($1 = 0.7046 pounds)

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