KKR related stories
All articles and analysis
KKR spends another $660 million in Singapore(2)The shareholders of Singaporean engineering company MMI have accepted a take-private bid from Kohlberg Kravis Roberts. The S$1.65 per share offer values the company at about $660 million.
- Sainsbury’s shares slide as consortium disintegrates(2)
Shares in Sainsbury’s, a UK retail chain at the centre of a controversial £10 billion private equity bid, slid this morning as two more of the buyout firms involved reportedly pulled out of the deal. The news followed continuing opposition from pension fund trustees and minority shareholders.
- KKR pulls out of Sainsbury’s bid(2)
US firm Kohlberg Kravis Roberts has pulled out of the private equity consortium circling UK retailer Sainsbury’s, amid growing concerns that its ongoing bid for Alliance Boots could lead to competition issues.
- Fortress snaps up struggling reinsurer(2)
Fortress Investment has bought UK-listed reinsurer Alea for £162 million or 93 pence per share – a 65 percent discount on its issue price when Kohlberg Kravis Roberts floated the business in 2003.
- TXU-deal banker arrested for insider trading(3)
A Credit Suisse investment banker was arrested for alleged insider trading in various mergers and acquisitions including the $45 billion TXU deal.
- Rival consortium challenges KKR for Coles(2)
A consortium that includes Pacific Equity Partners, Permira and Wesfarmers, a Sydney-listed conglomerate, has bid A$19.7 billion for Coles Group, Australia’s second-biggest retailer – although KKR could yet return with another bid.
- Warburg Pincus buys $625 million Metavante(2)
Warburg Pincus has become the second private equity firm this week to back a US-based electronic payments firm, following KKR’s $29 billion acquisition of First Data on Monday.
- Buyout boom drives $1.2 trillion quarter(2)
Private equity deal volumes hit nearly $200 billion in the first three months of the year, according to new research.
- Consortium given nearly six weeks to decide on £10bn Sainsbury bid(2)
The private equity consortium circling Sainsbury, a UK supermarket chain valued at about £10 billion, has been given until April 13 to decide whether or not to bid for the company
- Sainsbury shares rise as buyout consortium takes pole position(2)
UK retailer Marks & Spencer has ruled out an imminent bid for supermarket chain Sainsbury, removing a major obstacle to a potential offer from the CVC-led buyout consortium eyeing the company.