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SARIN JOINS KKR

HIGH-PROFILE private equity house Kohlberg Kravis Roberts (KKR) has appointed former Vodafone chief executive Arun Sarin as a senior adviser. Sarin is expected to help KKR with deals in the telecoms industry, as private equity firms return to deal-making following the recovery of equity markets and the return of bank credit. Sarin ran Vodafone for five years before stepping down last year.