Flutter owns Paddy Power, Betfair, Australia’s Sportsbet and various betting businesses in Europe, the US.

Paddy Power owner Flutter Entertainment plans to buy out backers including Google Ventures and New York-based investor KKR to take 95 per cent of its (...)

Henry R. Kravis, founding partner of Kohlberg Kravis Roberts & Co. (KKR)

Two of the best-known pioneers in private equity, Henry R. Kravis and George R. Roberts, are joining their industry peers and naming potential success(...)

Asia’s growing appetite for wine, the value of Treasury’s Penfolds label and an ongoing restructuring are helping turn perceptions of the company’s prospects around. Photograph: Getty Images

Australia’s Treasury Wine Estates is opening its books to Kohlberg Kravis Roberts after the private equity giant hiked its takeover offer to $3.15 (...)