KKR Entities Secure Stake in Autosports Group Ltd

Autosports Group Ltd (AU:ASG) has released an update.

Autosports Group Limited has announced that KKR entities, including Comet Asia Holdings and KKR Asian Fund III, have collectively become substantial shareholders, acquiring a 5.57% voting power with 11,190,091 fully paid ordinary shares. This move, formalized on June 4, 2024, represents a notable change in the company’s ownership structure. The details of the acquisition, including the consideration involved, were outlined in a Form 603 lodged by Superannuation and Investments HoldCo Pty Ltd.

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