KKR & Co puts private group On The Run on deal radar

Sarah Thompson, Anthony Macdonald and Joyce Moullakis
March 9 2018
AFR 

Fuel and convenience retailing have thrust the nation’s 12th largest private company, Peregrine Corporation, into the crosshairs of private equity giants believed to include KKR & Co.

Street Talk understands KKR is circling the South Australian company in the hope of prying loose its On The Run Convenience Operations, spanning 130 fuel and retail outlets and brands including Moe’s Dog & Shake and Smokemart. The convenience centre business also houses fast food franchises within its “multi-offer format” including Subway, Oporto and Hungry Jack’s.

Read more: http://www.afr.com/street-talk/kkr–co-puts-private-group-on-the-run-on-deal-radar-20180307-h0x6fk#ixzz59BdX5S5y

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