KKR related stories
All articles and analysis
KKR, TPG sweeten TXU dealAs Texas legislators consider giving the state’s Public Utility Commission power to block the proposed $45 billion buyout of TXU, KKR and TPG have promised to terminate an existing labour subcontracting agreement at the utility company, which has in turn put the electrical workers union in their corner.
- Goldman closes biggest ever buyout fund
Investment bank Goldman Sachs has raised $20 billion for its sixth buyout fund, the first firm ever to reach this mark - although rival private equity groups are reportedly closing in on even larger totals.
- KKR’s takeover talent
Kohlberg Kravis Roberts showed its mastery of the public-to-private transaction after it agreed the £11 billion Alliance Boots bid. Yet why is it that its deal succeeded in an arena where European private equity firms have experienced difficulties lately?
- BCE in talks with KKR, Canadian pensions
Canada’s largest communications company, BCE, has announced it is in buyout discussions about a potential $28 billion privatisation.
- KKR, Goldman in $8bn audio deal
Audio equipment maker Harman International Industries has agreed to be acquired by KKR and GSCP for $8 billion.
- KKR First Data deal faces lawsuit
An aggrieved shareholder has launched a lawsuit against US buyout firm Kohlberg Kravis Roberts over its potential $29 billion deal for US firm First Data, on the grounds that the proposed bid is too low.
- Buyout battle looms for Thomson division
Some of the world’s biggest buyout firms are set to fight it out for the $3.5 billion-valued higher education division of publishing company Thomson, in the latest demonstration of private equity’s appetite for the sector.
- US union continues buyout campaign
America’s largest labour union has sent out email blasts and established blogs pertaining to private equity deals it finds troubling – the action follows last week’s issuance of a buyout report and launch of an associated website.
- KKR spends another $660 million in Singapore
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.
- Venture backers sell DocMorris to Celesio
The private equity and venture capital backers of DocMorris, one of the biggest pharmacy brands in Europe, have secured a lucrative sale of the business to Celesio, Europe’s biggest pharmaceutical distributor.