“Some of them had seen Barbarians at the gate so we were a little nervous as to how they would react to the news that KKR had won,” says a banker advising Anheuser-Busch InBev on its sale of Korea’s Oriental Brewery to KKR.
The US-based buyout firm starred in the book and film of the same name detailing the notorious RJR-Nabisco buyout that kickstarted the mega-LBO trend of the 1990s.
Foreign competition
Yet despite any potential misgivings on behalf of either ABInBev or Oriental Brewery, KKR beat foreign and domestic competition to buy the Korean beverage maker, which forms one half of the country’s beer duopoly.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
