Ross Johnson

KKR's $31 Billion RJR Nabisco Leveraged Buyout Establishes Private Equity Wealth Extraction Model

1989-02-09 00:00:00 +0000 UTC | Importance: 8/10

Kohlberg Kravis Roberts (KKR) completes the largest leveraged buyout in history, acquiring RJR Nabisco for $25 billion in equity ($31.1 billion including assumed debt) at $109 per share, establishing the template for private equity wealth extraction that will be replicated thousands of times over …

KKR Henry Kravis Ross Johnson RJR Nabisco private-equity leveraged-buyout wealth-extraction debt-loading corporate-power