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KKR Files to List $2.2 Billion of Its Shares on NYSE, Broadening Ownership KKR & Co., the private-equity firm run by Henry Kravis and George Roberts, filed to list its shares on the New York Stock Exchange, bringing it closer to completing a two-year attempt to go public in the U.S.

Retail Buyouts Returning in `Goldilocks' Market After Credit Freeze Thawed Private-equity firms looking to buy retail and consumer companies said they’re now able to finance deals and pay reasonable prices after the credit crisis and global recession triggered a buyout slump.

Cheyne Capital Bets on U.K. Property Rally With Lower-Rated Mortgage Debt Cheyne Capital Management (U.K.) LLP, a hedge fund firm which oversees $5.5 billion, is betting on an improvement in Britain’s real estate market.

North Korean Bad Loan Bonds Due Today Spur Exotix Bet on Political Change North Korean bank loans, in default since the 1970s, present an opportunity for investors willing to speculate the communist country will seek to end its political isolation and honor its debts, according to Exotix Ltd.

Lehman Misled Investors on Leverage, Fuld Was `Negligent,' Examiner Says Lehman Brothers Holdings Inc. used off-balance-sheet transactions to understate its leverage in late 2007 and 2008, deceiving shareholders about its ability to withstand losses, a bankruptcy examiner’s report said.

Dubai World Seeks to Separate `Good' Businesses From Underperforming Ones Dubai World, the state-owned holding company restructuring $26 billion in debt, is seeking to separate “good” businesses from underperforming assets as part of its restructuring plan, the head of the city’s airline said.

Lyondell Will Pursue $3.25 Billion of Debt Financing After Bankruptcy Exit Lyondell Chemical Co. plans to raise $6.05 billion in bonds, loans and equity to repay debt after it emerges from bankruptcy protection.

CIC Sees Opportunity for Private Equity Investment as Firms Undervalued China’s $300 billion sovereign wealth fund sees a “good opportunity” to boost private-equity investments this year, as companies are undervalued after losses from the global financial crisis.

Junk Bonds Beating Investment Grade as TXU, Freescale Soar: Credit Markets High-yield, high-risk bonds are beating investment-grade debt for the first time this year as confidence in the U.S. economic recovery gains strength.

RBS Told to Pay Trader Scott Cousins Fired for Sending Confidential E-Mail Royal Bank of Scotland Group Plc was ordered by Singapore’s High Court to pay Scott Cousins, its former chief trader, S$455,085.39 ($325,922) plus interest, after ruling he did not breach a severance agreement.

Easing China `Fear' Gauges Signal Bullish Outlook for Nation's Equities Chinese stocks may rise as a gauge of implied volatility shows the spread between China and U.S. shares keeping near a three-year low, according to Macro Risk Advisors LLC, which advises institutions on equity derivatives.


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