KKR related stories
All articles and analysis
Boots rejects potential KKR bidAlliance Boots has rejected a £10 billion buyout proposal from Kohlberg Kravis Roberts following a board meeting today, after heavy trading saw its shares climb higher than the mooted bid level this morning.
- KKR listed fund deploys $4.3 billion
KKR’s Euronext-listed vehicle, KKR Private Equity Investors, has invested or committed $4.3 billion in just ten months, the firm said today.
- Harvard professor defends club deals
In a recently released paper, Josh Lerner is arguing that the US Justice Department’s probe into private equity club deals misses the benefits of such deals.
- CCMP Asia, Teachers Private Capital acquire NZ Yellow Pages
CCMP Capital Asia and the private investment arm of Ontario’s Teachers’ Pension Plan have overcome heavyweight competition to acquire Yellow Pages in New Zealand for $1.54 billion.
- CVC-led group makes first approach to Sainsbury
The private equity consortium linked with a bid for Sainsbury has reportedly made its first tentative approach to the UK retailer, as it considers making a bid ahead of its April 13 deadline.
- Bidding war looms for $45bn TXU deal
Three of the world’s biggest buyout firms may ignore convention and submit a competing offer for TXU, a US utility that accepted a $45 billion offer from KKR and TPG last month.
- Consortium given nearly six weeks to decide on £10bn Sainsbury bid
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
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.
- Blackstone: top of the world
The Blackstone Group was the only real candidate for the inaugural Editors’ Awards in Private Equity International’s annual poll, despite fierce competition in the large buyout firm of the year category.
- TXU sale could be blocked
The introduction of a new bill in Texas may heighten the state’s authority to block the KKR- and TPG-led $45bn bid for the Dallas utility company.