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KKR Bids for JPMorgan’s Commodities Unit, SparkSpread Says

Dec. 3 (Bloomberg) -- 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-led group and Carlyle Group LP are among private equity firms shortlisted to participate in the sale, SparkSpread said.

Ludo Bammens, a spokesman in London for KKR, wasn’t available to comment. Samia Qader, vice president for investor relations at Castleton Commodities and Patrick Burton, a spokesman for JPMorgan, declined to comment.

To contact the reporter on this story: Maria Kolesnikova in London at mkolesnikova@bloomberg.net

To contact the editor responsible for this story: John Deane at jdeane3@bloomberg.net

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