KKR related stories
All articles and analysis
Shareholders approve TXUAfter months of disputes surrounding TPG and KKR’s $45 billion buyout of TXU, shareholders have voted in favour of the deal.
- Tchenguiz blocks Sainsbury’s bid
The real estate entrepreneur has reportedly rejected Delta Two’s offer of £6-a-share, leaving the Qatari firm scrambling to increase its offer.
- PE pros fill Forbes 400
More than two dozen of this year's 400 richest US citizens owe their fortunes to private equity.
- TPG has biggest deals pipeline
US buyout firm TPG Capital has the largest number of deals outstanding at the moment, according to data provider Dealogic. A source familiar with the firm’s TXU transaction said the buyout firm was not experiencing problems on the deal.
- Maxeda refinancing shelved despite sweeteners(3)
The troubled refinancing of Dutch retailer Maxeda has fallen prey to the current jitters in the credit markets, despite the KKR-led buyout consortium sweetening the offering earlier this month.
- Branson may join Virgin Media take-private bid(3)
The hotly contested auction for cable company Virgin Media may be facilitated by shareholder Sir Richard Branson, while the number of reportedly interested bidders continues to increase.
- The public faith in the private
The sight of public shareholders scrambling for the stub equity in Thomas H Lee and Bain Capital Partners’ take-private bid for Clear Channel Communications shows the asset class still holds its allure despite the credit market upheaval, writes Toby Lewis.
- Shareholders approve $49bn BCE buyout
BCE shareholders have approved the Canadian telecom company’s sale to Teachers, Providence and Madison Dearborn. But the $49 billion transaction, the largest proposed buyout to date, still faces regulatory hurdles.
- Credit markets help Imperial beat CVC to Altadis(3)
Trade buyer Imperial Tobacco has had its €16.2 billion offer for Altadis, the maker of Gauloises and Gitanes cigarettes, accepted by the company’s board, as rival bidder CVC Capital Partners was forced to revalue its bid in light of problems in the credit markets.
- El-Erian leaves Harvard to rejoin PIMCO
Harvard University's endowment is left without a head, as Mohamed El-Erian has left the $35 billion endowment for a senior role at PIMCO, where he'll lead a push into alternatives.