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The Guardian - UK
The Guardian - UK
Business
Jasper Jolly

KKR in talks to buy stake in public relations company FGS Global

FGS KKR FGS Global WPP Golden Gate United States SVC
KKR logo on smartphone screen.
Investment firms have made a series of deals for stakes in PR firms in recent years. Photograph: Pavlo Gonchar/Sopa Images/Rex/Shutterstock

The US private equity investor KKR is in talks to buy a stake in the public relations company FGS Global that would give it an enterprise value of about $1.4bn.

KKR was in talks to buy more than 30% of FGS, the Financial Times reported on Thursday, although a person with knowledge of the talks said the final proportion may be lower.

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