KKR related stories
All articles and analysis
Macquarie consortium in $7.4bn US utility dealPuget Sound Energy, Washington state’s largest utility company, will be taken private in a $7.4 billion transaction by a consortium including Macquarie, the Canada Pension Plan Investment Board and British Columbia Investment Management Corporation.
- KKR in talks with banks for First Data deal(2)
KKR is reportedly unlikely to yield much on debt terms.
- Citi mulls backing $12.5bn KKR debt vehicle
US bank Citi is considering backing a leveraged loan debt vehicle set up by US buyout firm Kohlberg Kravis Roberts to take advantage of the $300 billion leveraged loan backlog.
- Istithmar triumphs in $942m Barneys bid(3)
Dubai-based Istithmar has had its third bid accepted in the battle for high-end department store Barneys New York, as rival bidder Fast Retailing, a Japanese company, pulled out of the bidding.
- KKR discloses credit concerns, confirms DOJ investigation
Changing debt markets are causing deal costs to increase and threatening returns, KKR said in a regulatory filing today. The firm also acknowledged its cooperation with an investigation into club deals by the US Department of Justice’s Antitrust Division.
- Carlyle issues $100m loan to mortgage market vehicle(3)
The Carlyle Group has moved to shore up its Euronext Amsterdam-listed vehicle Carlyle Capital Corporation, following rival Kohlberg Kravis Roberts’ $500 million bail-out of its investment vehicle for the mortgage market.
- Silver Lake, ValueAct drop $3bn buyout
Silver Lake’s and ValueAct Partners’ $3 billion buyout of data company Acxiom is the latest in a series of deals to fall apart in the wake of the credit crunch.
- Istithmar triumphs in $942m Barneys bid(2)
Dubai-based Istithmar has had its third bid accepted in the battle for high-end department store Barneys New York, as rival bidder Fast Retailing, a Japanese company, pulled out of the bidding.
- Carlyle issues $100m loan to mortgage market vehicle(2)
The Carlyle Group has moved to shore up its Euronext Amsterdam-listed vehicle Carlyle Capital Corporation, following rival Kohlberg Kravis Roberts’ $500 million bail-out of its investment vehicle for the mortgage market.
- Blackstone hires Mark Woodward as senior advisor
Blackstone has boosted its capability to join in the technology buyout trend with the appointment of an 30-year industry veteran to source and evaluate deals.