KKR related stories
All articles and analysis
KKR, TPG pick up TXU for $45bnThe 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.
- Wendel boosts annual revenues by 11 percent
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.
- Sterling, Citigroup in education take-private(3)
Along with members of the company’s management team, the two firms have agreed to buy Nasdaq-traded Educate in a deal worth $545m. It is Citigroup’s and Sterling’s second education-related deal announced today.
- KKR, CVC consolidate European waste sector
The two buyout firms are creating one of Europe’s largest waste management companies offering everything from collection and treatment of waste to recycling and consultancy.
- CVC opens US office(3)
CVC is continuing its appointments spree to staff its US office, which the private equity firm has opened in New York.
- Gap stock surges amid buyout rumours(3)
The struggling US retailer see shares rise by 7% after reports that it is considering a sale.
- Battle lines drawn for $15bn Dominion auction
Private equity heavyweights are lining up to compete with trade players for the oilfield assets of Dominion, a US energy group, as the industry continues to target upstream energy assets.
- Goldman advises Sainsbury consortium
Three buyout heavyweights CVC, KKR and Blackstone are mulling a bid for the UK-listed grocer on the advice of Goldman Sachs, which would join in, if an offer goes ahead.
- Fortress IPO ’25 times over-subscribed’
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.
- Industry comes together to launch charitable foundation
The Private Equity Foundation, a new initiative designed to help the industry co-ordinate its charitable giving, launched in London last night.