Box (BOX) Confirms Strategic Partnership with KKR (KKR), Including $500 Million KKR-led Investment

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Box Announces Strategic Partnership with KKR, Including $500 Million KKR-led Investment

April 8, 2021 7:00 AM EDT

Company Intends to Repurchase Up to $500 Million of Common Stock Through Self-Tender Offer

KKRs Head of Americas Technology Private Equity, John Park, to Join Box Board

REDWOOD CITY, Calif.--(BUSINESS WIRE)-- Box, Inc. (NYSE: BOX), the leading Content Cloud, and KKR, a leading global investment firm, today announced an agreement for KKR funds to lead a $500 million investment in the company in the form of convertible preferred stock. The investment from KKR will advance the companys strategy to deliver the Box Content... More