Bloomberg News

Signa Sports is also considering an acquisition of rival Wiggle, according to Bloomberg News.

The project is a rare example of a frontier oil development at a time when most energy companies are cutting spending.

Mega-deals have been sparse, with no transactions above $50 billion since mid-2019, according data from Bloomberg.

Investors are buying strip malls and rental apartments in Brazil at low cost, capitalizing on pandemic opportunities.

As part of the deal, KKR will receive preferred convertible stock and executive John Park will join Box's board.