KKR (KKR) said Wednesday it has completed a tender offer to acquire 29.8 million common shares in Forum Engineering, representing a 55.89% stake in the company.
The tender offer was made through KJ003, an entity owned by funds managed by KKR, with settlement expected to commence on Dec. 30.
Additionally, KJ003 aims to acquire all remaining shares in Forum Engineering through a share consolidation process after they are tendered.
An extraordinary shareholders' meeting for the share consolidation is planned for late February 2026, the parties said.
KKR said it is making its investment predominantly from its Global Impact Fund II.
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