KKR related stories
All articles and analysis
Rival consortium challenges KKR for ColesA 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.
- Boots shares soar as bidding war erupts
A Terra Firma-led consortium has made a £10.85 billion buyout offer for Alliance Boots, just hours after the UK chemist accepted a sweetened £10.6 billion bid from Kohlberg Kravis Roberts. The company’s share price soared as investors anticipated a bidding war.
- KKR to rejoin A$20bn Coles bidding war
Shares in Australian retailer Coles Group continued to climb as a A$20 billion bidding war between local rival Wesfarmers, a Kohlberg Kravis Roberts-led buyout consortium, and other international trade players looked increasingly likely.
- Warburg Pincus buys $625 million Metavante
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.
- Ontario Teachers linked with biggest ever buyout
Shares in BCE, a Canadian telecoms group, soared today following speculation that the Ontario Teachers’ Pension Plan is talking to potential private equity partners about a $45 billion buyout.
- Rival suitor emerges for Boots
Kohlberg Kravis Roberts may yet face some serious competition for UK health and beauty chain Alliance Boots, after reports that Terra Firma and the Wellcome Trust are planning a rival bid.
- New Look set for £2bn secondary sale
Permira and Apax Partners have reportedly decided to sell rather than float their £2 billion-rated UK fashion retailer New Look, after the company’s management expressed a preference to remain privately-owned.
- Kravis, Bonderman appeal to Texas lawmakers
Henry Kravis and David Bonderman addressed Texas legislators’ concerns over their firms’ proposed $45 billion buyout of US utility TXU, as rival private equity firms are reportedly close to submitting a competing bid.
- Buyout boom drives $1.2 trillion quarter
Private equity deal volumes hit nearly $200 billion in the first three months of the year, according to new research.
- Blankfein: Goldman to seek $20bn
The global investment bank’s chief executive has confirmed the firm’s private equity arm will target a $20 billion fundraising.