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KKR to Sell Stake in Scout24

04.05.16

Simpson Thacher is representing KKR & Co. L.P. in the announced sale of its 49% stake in Scout24 Schweiz AG (“Scout24”) to Swiss Mobiliar. Closing of the transaction is subject to regulatory approvals and other necessary closing procedures.

Scout24 is a network of online marketplaces for motor vehicles, real estate and general classifieds. Swiss Mobiliar is Switzerland’s oldest private insurance company.

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