KKR Bids for JPMorgan’s Commodities Unit, SparkSpread SaysMaria Kolesnikova
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.