Knight Said to Draw Interest From KKR, TPG, Silver Lake

Knight Said to Draw Interest From KKR, TPG, Silver LakeKKR & Co. (KKR) (KKR), TPG Capital and Silver Lake are among the buyout firms that have initial interest in making an investment in Knight Capital Group Inc., according to two people with knowledge of the matter.

The firms are taking a preliminary look at Knight and chances of a deal are small since Knight’s future is uncertain, said one of the people, who asked not to be named because the process is private. Knight, seeking a deal to survive (KCG) a $440 million trading loss, has already opened its books to suitors, said two people with knowledge of the matter.

Read Full Article At BusinessWeek

A DAILY ROUNDUP OF THE MOST FASCINATING WALL ST, COMPLIANCE AND REGULATORY NEWS.