(Bloomberg) -- Shares of Nucor Corp. fell to a three-month low after the company said it will buy a garage doors maker from KKR & Co. in a deal valued at $3 billion.Most Read from BloombergMeet the Hedge-Fund Manager Who Warned of Terra’s $60 Billion ImplosionOmicron Is Turning Out to Be a Weak VaccineU.S. Stocks Extend Losses in Late Session Selloff: Markets WrapGoldman’s Blankfein Says US at 'Very, Very High Risk' of RecessionOne-Time Richest Singapore Tycoon Has Lost 80% of His FortuneAfter a
NEW YORK & ARTHUR, Ill., May 16, 2022--KKR, a leading global investment firm, today announced the signing of an agreement to sell C.H.I. Overhead Doors ("C.H.I." or "the Company"), a leader in the garage door industry, to Nucor Corporation in a transaction valued at $3.0 billion. The sale will represent one of KKR’s largest returns in recent history, at 10 times the original equity invested, inclusive of distributions. All C.H.I. employees will receive a substantial cash payout on their equity i
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