KKR and Triton remove "unacceptable" loans at Ambea
publication date: Dec 13, 2011
Investors KKR and Triton have bowed to popular feeling in Sweden and will replace SEK4.1bn of debt with equity, which will mean that their Nordic care home to healthcare group Ambea will pay far more Swedish tax. The initiative is an attempt to molify anger over apparently low care standards at Carema, Ambea's care subsidiary. We talk to KKR and Ambea director Henrik Kraft. Will it work?
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