Australia's SAI Global backs HK private equity buyout
September 25, 2016 at 19:38 PM EDT
SYDNEY, Sept 26 (Reuters) - Australian industry compliance company SAI Global Ltd said it will recommend a A$1 billion ($761.10 million) takeover from Hong Kong-based Baring Asia Private Equity, two years after KKR & Co LP and a local buyout firm scrapped a higher offer.
