Art Basel Miami Beach, the largest U.S. art fair, will offer more than $3 billion of mostly postwar and contemporary works when it opens to a select group of collectors today, a 20 percent increase from two years ago.
KKR & Co., the private-equity firm run by Henry Kravis and George Roberts, hired Goldman Sachs Group Inc. to sell its Turkish shipping company U.N. Ro-Ro Isletmeleri AS, three people with knowledge of the matter said.
KKR & Co., the private-equity firm run by Henry Kravis and George Roberts, together with Castleton Commodities International LLC bid for JPMorgan Chase & Co.’s physical commodities unit, SparkSpread reported today without saying where it got the information.
KKR & Co., the private-equity firm run by Henry Kravis and George Roberts, will acquire a minority stake in India’s Gland Pharma Ltd. for about $200 million in its first pharmaceutical deal in the South Asian nation.
Davis Polk & Wardwell LLP advised Shire Plc, which agreed to buy ViroPharma Inc. for about $4.2 billion to gain treatments for rare diseases and lessen dependence on its best-selling Vyvanse pill for attention deficit hyperactivity disorder. Skadden, Arps, Slate, Meagher & Flom LLP advised ViroPharma.
U.S. stocks rose, with the Dow Jones Industrial Average extending a record, as investors awaited retailer earnings reports to gauge the strength of consumer demand and the likelihood of cuts to monetary stimulus.