REFILE-KKR agrees to buy stake in AppLovin at $2 bln valuation
July 16, 2018 at 21:30 PM EDT
Private equity firm KKR & Co said on Monday it will acquire a minority stake in AppLovin Corp for $400 million, just months after the U.S. mobile marketing firm was forced by Washington to scrap a deal to be acquired by a Chinese buyout firm.