US private-equity buyer KKR & Co has emerged as the financial powerhouse behind UK-based distressed-deal specialist Borealis Maritime.
Borealis and partner KKR — formerly known as Kohlberg Kravis Roberts & Co — plan to use their financial muscle to bid for more vessels expected to be placed on the market in the coming months by German banks, says Borealis chief executive Christoph Toepfer.
The
