KKR related stories
All articles and analysis
KKR to obtain securities broker-dealer license(2)KKR is reportedly seeking a securities broker-dealer license. An industry insider has said this could mean KKR wants to launch an advisory division – diversifying its business lines prior to a possible IPO – or possibly to further solidify its legal standing as a syndicator of investments.
- Industry group opposes Senate bill(2)
The Private Equity Council has voiced its opposition to a recent US Senate bill that would cause publicly traded partnerships to be taxed as corporations.
- Three Delta ups stake in Sainsbury’s to 25%(2)
The investment vehicle of Qatari property investment fund Three Delta has upped its stake in Sainsburys. The FTSE 100 listed UK supermarket’s shares leapt by nearly 5 percent, as speculation suggested a takeover bid was forthcoming.
- Boots pension trustees win £1bn pledge from KKR
Alliance Boots pension scheme trustees have reached a settlement from Kohlberg Kravis Roberts which secures the scheme for the next ten years. The agreement comes two days before the trustees reportedly planned to challenge KKR’s accepted takeover bid.
- HM Capital to acquire Yellow Pages company
HM Capital became the latest in a slew of private equity firms to invest in distributors of yellow pages directories, when it announced an agreement to acquire Phone Directories Company. The investment is the first from HM’s new Sector Performance Fund.
- Stirling Square bolts on Austrian firm to 3SI
Stirling Square Capital Partners, a mid-market buyout firm backed by Citigroup, has moved to consolidate the financial security market by making a European bolt-on acquisition for portfolio company 3SI Security Systems.
- Blackstone post-IPO trading values firm at $37bn(2)
Shares in Blackstone closed today on the New York Stock Exchange, up 13 percent to $35 per share. The first-day trading values Stephen Schwarzman’s interest in the firm he co-founded at $8.5bn.
- Three Delta ups stake in Sainsbury’s to 25%
The investment vehicle of Qatari property investment fund Three Delta has upped its stake in Sainsburys. The FTSE 100 listed UK supermarket’s shares leapt by nearly 5 percent, as speculation suggested a takeover bid was forthcoming.
- BC seals $16bn Intelsat deal(2)
BC Partners, a publicity-shy European buyout firm, has followed its acquisition of estate agent Foxtons by agreeing to buy Intelsat, the world’s largest commercial satellite operator. It is the firm’s biggest deal to date.
- Industry group opposes Senate bill
The Private Equity Council has voiced its opposition to a recent US Senate bill that would cause publicly traded partnerships to be taxed as corporations.