Reuters, 16 Jul 2009, Ajay Kamalakaran
July 16 (Reuters) - A Kohlberg Kravis Roberts & Co [KKR.UL]-led consortium is near a deal to invest between $150 million and $200 million in International Far Eastern Leasing Co, a Chinese lender to small and medium-size businesses, the Wall Street Journal said, citing people familiar with the matter.
Private equity firm KKR is investing in the deal along with sovereign-wealth fund Government of Singapore Investment Corp (GIC) and Chinese investment bank China International Capital Corp (CICC), the people told the paper.
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