Private equity firm selling Rockwood shares

Private equity firm Kohlberg Kravis Roberts & Co. (KKR; New York) is selling 6.9 million shares in Rockwood, the company says. Rockwood itself will receive no proceeds from the deal. Rockwood shares closed at $43.86 on 14 November. The company has about 77.65 million shares outstanding. Morgan Stanley is acting as book-running manager for the KKR share...

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