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Leebarooski

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Leebarooski

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Monday, 07/20/2020 12:27:04 PM

Monday, July 20, 2020 12:27:04 PM

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NEW YORK, July 20, 2020 /CNW/ -- KPS Capital Partners, LP ("KPS") announced today that, through a newly formed affiliate, it has entered into an asset purchase agreement with Briggs & Stratton Corporation (NYSE: BGG) and certain of its wholly-owned subsidiaries (collectively, "Briggs & Stratton" or the "Company") under which KPS will acquire substantially all of the assets of Briggs & Stratton, including equity of foreign subsidiaries, for approximately $550 million.
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