KKR and TPG Eyeing Bids for AsiaInfo-Linkage (ASIA) - Report

February 21, 2012 7:08 AM EST
AsiaInfo-Linkage (Nasdaq: ASIA) is the target of takeover bids from private equity firms KKR & Co LP (NYSE: KKR) and TPG Capital, according to reports form Reuters citing sources with direct knowledge of the matter.

A deal could be worth more than $1 billion.

AsiaInfo-Linkage received an offer from CITIC Capital in January and has since appointed Goldman Sachs as a financial adviser.


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