KKR hands Morgan Stanley third IPO mandate

Kohlberg Kravis Roberts has awarded its third flotation mandate in a year to Morgan Stanley. The bank will run the book for KKR's $1.5bn (€840m) flotation of a buy-out fund on Amsterdam's Euronext exchange with Citigroup and Goldman Sachs.

Morgan Stanley managed KKR's flotation of French electrical equipment maker Legrand earlier this month.

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Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump