KKR related stories
All articles and analysis
KKR to close $4bn Asia fund in third quarter(3)KKR’s first Asia-dedicated fund is set to close soon with $4 billion of commitments, according to a SEC filing ahead of its $1.25 billion initial public offering.
- Bain and Prides Capital to invest $60m in Princeton Review
Close on the heels of Apax’s $8 billion May buyout of The Thomson Corporation’s higher education division, Bain Capital Ventures and Prides Capital have agreed to invest $60 million in test prep company The Princeton Review.
- Qatari firm makes £12bn Sainsbury’s approach(2)
Qatar-based investment vehicle Three Delta has confirmed its preliminary bid approach to Sainsbury’s, the UK supermarket chain that rejected a £10 billion offer from a private equity consortium in April. The company’s share price soared this morning.
- Maxeda refinancing shelved despite sweeteners(2)
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.
- Credit markets help Imperial beat CVC to Altadis
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.
- KKR to close $4bn Asia fund in third quarter(2)
KKR’s first Asia-dedicated fund is set to close soon with $4 billion of commitments, according to a SEC filing ahead of its $1.25 billion initial public offering.
- Bernanke: credit worries affecting LBO market(3)
US Federal Reserve Chairman Ben Bernanke told Congress that financing activity in bond and business loan markets remains brisk, despite widening credit spreads and tightening of terms for leveraged business loans.
- KKR hires ex-MCI head to lead First Data
KKR has hired Michael Capellas to lead First Data Corp after the completion of its planned $27.9 billion acquisition, which is reportedly having trouble obtaining debt financing.
- KKR to close $4bn Asia fund in third quarter
KKR’s first Asia-dedicated fund is set to close soon with $4 billion of commitments, according to a SEC filing ahead of its $1.25 billion initial public offering.
- Carlyle debt fund float finally gets away(3)
The Carlyle Group has finally completed the troubled flotation of a credit vehicle on Amsterdam’s Euronext exchange, raising $300 million.