KKR To Sell Rockwood Holdings Stake

Rockwood Holdings shareholder, Kohlberg Kravis Roberts is seeking to sell about half of the stake it owns in the specialty chemicals maker.

Rockwood Holdings shareholder, Kohlberg Kravis Roberts (KKR), is seeking to sell about half of the stake it owns in the specialty chemicals maker. Goldman Sachs is serving as the sole book running manager of the offering.The shares of the New Jersey-based company will be listed on the New York Stock Exchange. Private equity firm, KKR, owns about a 21% stake in Rockwood Holdings.

Click here for the release from Business Wire.