Dollar General, a discount retailer owned by buyout firm KKR, registered Thursday to sell stock through an IPO, the first in what is expected to be a wave of buyout-owned companies trying to sell shares into a rallying stock market, reports the WSJ. Dollar General plans to sell as much as $750m in stock in a deal that could be the largest operating-company IPO so far this year. In connection with the deal, KKR will pay itself and its investors a $200m dividend.

This entry was posted by Gwen Robinson on Friday, August 21st, 2009 at 4:49 and is filed under Capital markets, Private equity. Tagged with Dollar General, kkr. Edit this entry.