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Private-equity giant aims to make big returns for its investors when it sells a company. Its latest deal will also deliver a serious payout for a different type of investor: the company’s workers. KKR said Monday it would sell to steel producer . for $3 billion including debt. The private-equity firm, which paid more than $600 million for the garage-door maker in July 2015, is set to make 10 times the equity it put in. It will be KKR’s highest-returning U.S. buyout in more than 30 years. Meanwhile, CHI’s hourly employees, including those who build and deliver its doors, will make between $20,000 and $800,000 apiece before taxes when the deal closes. In total, employees will get $360 million, with a substantial majority going to those below the C-suite level.

KKR to Sell CHI Overhead Doors to Nucor, Generating Windfall for Itself and Employees KKR said it would sell CHI Overhead Doors to steel producer Nucor for $3 billion including debt.The firm is set to make 10 times the equity it put in.

WeWork’s boss said the real estate firm doesn’t plan to shut its business in Russia despite the unprovoked invasion of Ukraine — and noted that WeWork’s four locations in Moscow perform “incredibly well.” Asked if WeWork would have to retreat from Russia given the complicated geopolitical situation, CEO Sandeep Mathrani rejected the possibility – telling Bloomberg the company plans to stay active in Russia. “I don’t think so. Like I said, our assets do incredibly well. We hope for a resolution of the conflict and hopefully we can continue to do business in Moscow,” Mathrani said. He noted that WeWork’s small-but-healthy Moscow business generates yearly topline revenue of about $10 million.

WeWork likely won’t exit Russia, where biz does ‘incredibly well,’ CEO says WeWork’s boss said the real estate firm doesn’t plan to shut its business in Russia despite the unprovoked invasion of Ukraine — and noted that WeWork’s four locations in Moscow p…