KKR related stories
All articles and analysis
Next could be nextShares in UK clothing retailer Next hit an all-time high on Wednesday morning, following speculation that it could be the next target for a private equity bid.
- Oaktree, MTS Health Investors grab stake in KKR’s Alliance Imaging
The two groups have bought a majority stake in imaging services provider Alliance Imaging from KKR in a deal worth about $153m.
- KKR agrees $29bn First Data deal
US buyout firm Kohlberg Kravis Roberts has signed yet another mega-deal, agreeing to pay $29 billion for First Data, a US listed electronic payments business. It has now signed up to over $100 billion of deals in a matter of weeks.
- Sainsbury’s shares slide as consortium disintegrates
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.
- Lowenstein to fight ’knowledge gap’
In his first public comments, the leader of the newly established Private Equity Council said he hopes to avoid the hostility that the industry has faced abroad by educating Washington policymakers about its activities. The lobbying group also named a new vice president today.
- Blackstone looks to listing
The Blackstone Group is reportedly close to filing for an initial public offering of the firm just weeks after Steven Schwarzman dismissed the public markets as a source of capital for buyout fundraising.
- KKR unveils $7.3bn US retail buyout
The global firm has agreed to buy Tennessee discount retailer Dollar General, while it bids for UK health and beauty retailer Alliance Boots.
- Claire’s loses another buyout suitor
The troubled auction of Claire’s Accessories, a US-based fashion retailer, has reportedly suffered another blow with news that previous favourite Apax Partners has withdrawn on price grounds.
- Boots yields to increased KKR bid
The UK retailer will open its books to Kohlberg Kravis Roberts, after the buyout firm increased its bid to £10.40 per share or £10.1 billion.
- Walker names team and outlines terms
Sir David Walker has called some of the biggest names in UK private equity to help him draw up a voluntary code for increased transparency and disclosure. Half his team are from big buyout firms.