KKR close to deal to acquire Karo for over $2.7B, Bloomberg reports

KKR (KKR) is near an agreement to acquire Karo Healthcare from EQT QB (EQBBF) in a deal that could value the Swedish consumer-health business at over $2.7B, Bloomberg’s Dinesh Nair and Swetha Gopinath report, citing people familiar with the matter. KKR is finalizing the terms of a transaction after beating out other private equity firms in the bidding process, the authors say, noting that an official announcement could arrive as soon as this week.