Earlier this month KKR joined with Dunas Capital and Alua Hotels & Resorts to buy Intertur Hotels group. Private equity giant KKR has backed digital music platform Pandora in a deal worth about $ 150 m . As part of the deal , KKR will acquire newly issued shares and hold the option to issue up to $ 100 m more shares . In addition , David Sarnoff , KKR 's head of operations in the Americas , will join Pandora 's board of directors . Pandora offers billions of hours of licensed music to its customers in the US , Australia and New Zealand .
Private equity giant KKR has backed digital music platform Pandora in a deal worth about $ 150 m . As part of the deal , KKR will acquire newly issued shares and hold the option to issue up to $ 100 m more shares . In addition , David Sarnoff , KKR 's head of operations in the Americas , will join Pandora 's board of directors . Pandora offers billions of hours of licensed music to its customers in the US , Australia and New Zealand .