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KKR Venture Pays $216M For 9 Container Ships

By Kaitlyn Kiernan (August 28, 2014, 1:23 PM EDT) -- A KKR & Co. LP distressed shipping joint venture is taking nine vessels off the hands of a number of kommanditgesellschaft, or KG shipping funds, for $216 million as the industry that once financed a third of the world's container ships continues to dissolve....

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