KKR related stories
All articles and analysis
Wendel boosts annual revenues by 11 percent(2)The acquisitions of Deutsch and Materis proved a boon for Wendel Investissement, which saw revenues increase by 11 percent in 2006 thanks to strong portfolio performance.
- Schwarzman: “KKR destroyed the market for anyone else”(2)
Blackstone chief executive Stephen Schwarzman has argued that public markets are not a viable source of capital for buyout firms, suggesting that Kohlberg Kravis Roberts’s $5 billion listed vehicle soaked up all the available liquidity.
- KKR Euronext to invest in TXU(2)
The Euronext affiliate of KKR has committed to the largest ever proposed buyout both as a co-investor and limited partner, contributing $500 million to the deal.
- MKS loses a partner to KKR(2)
MKS Partners, hailed one of the three big Japanese private equity houses, has lost one of its partners to Kohlberg Kravis Roberts.
- Fortress IPO ’25 times over-subscribed’(2)
Some of the world’s biggest alternative asset managers will be watching with interest tomorrow when Fortress Investment Group becomes the first US hedge fund and private equity group to float on the stock exchange tomorrow.
- Environmentalists: backing TXU not a ‘PR stunt’(2)
The $45bn buyout proposed by KKR, TPG, and Goldman Sachs has been lauded by environmental and watchdog groups, which maintain the environmental policy improvements promised are not just a façade.
- Asian market maturing, KKR chief says(2)
Joseph Bae, head of KKR’s Asia investment team, said before a conference crowd he expects further growth in Asia’s private equity market, as larger transactions and international expansions become more commonplace.
- Bain Capital in largest ever South African buyout(2)
US group Bain Capital has agreed a $3.5 billion deal for South African retailer Edgars Consolidated Stores, the largest buyout ever recorded in the country.
- TPG joins CVC-led group for Sainsbury’s bid(2)
The CVC-led consortium preparing a £9 billion bid for Sainsbury’s, a UK supermarket chain, has been further strengthened after Texas Pacific Group decided to abandon a rival bid and join the group.
- KKR, TPG pick up TXU for $45bn(2)
The largest-ever private equity deal follows closely the previous record-holder, this month’s $39bn Blackstone-backed buyout of Equity Office Properties. The new owners of TXU will offer electricity customers price cuts.