Deals Rumor Mill: KKR, America Movil, Mergermarket

Law360, New York (October 18, 2013, 4:36 PM ET) -- New York private equity mainstays KKR & Co. LP and Blackstone Group LP are likely to go after the oil and gas unit of German utility RWE AG, valued at up to $6.8 billion, according to a Friday report from Reuters. Other bidders could include Wintershall, the oil and gas division of German chemical company BASF SE. RWE has struggled to overcome a massive debt pile and in March said it would sell its exploration and production business to pay down debt and trim future costs....
To view the full article, register now.