KKR - KKR & Co. Inc.
| Previous Close | 53.63 |
| Open | 53.19 |
| Bid | 53.32 x 900 |
| Ask | 53.44 x 1000 |
| Day's Range | 53.25 - 54.08 |
| 52 Week Range | 41.77 - 60.53 |
| Volume | |
| Avg. Volume | 3,027,679 |
| Market Cap | 60.801B |
| Beta (5Y Monthly) | 1.53 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.86 |
| Earnings Date | May 01, 2023 - May 05, 2023 |
| Forward Dividend & Yield | 0.66 (1.26%) |
| Ex-Dividend Date | May 19, 2023 |
| 1y Target Est | 66.20 |
ReutersKKR to take machinery maker Circor private in $1.6 billion deal
Circor's stock was up 49% early Monday after KKR said it will buy the industrial machinery maker and take it private.
- Reuters
UPDATE 2-KKR to buy machinery maker Circor in $1.6 bln deal
Private equity firm KKR & Co Inc said on Monday it will buy industrial machinery maker Circor International in a $1.6 billion deal. KKR said it will pay $49 a share, sending the shares of Massachusetts-based Circor surging 49% to $47.20 in premarket trading. The offer represents an equity value of nearly $1 billion, according to Reuters' calculations.
BloombergA Maker of Plant-Based Spreads Is Catching Up on Climate Goals
(Bloomberg) -- When Unilever Plc sold its plant-based spreads business to private equity firm KKR & Co. Inc. in 2018, the consumer-goods giant effectively wiped more than 3 million tons of carbon off its ledger. Now those emissions are set to stick around for an extra decade.Most Read from BloombergMorgan Stanley Expects a Shock 16% US Profit Drop to Kill RallyOil Rises on Saudi Arabia’s Go-It-Alone July Production CutsOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutUS F-16 Triggers Sonic
ReutersKKR India moves Kumar to Singapore to lead Southeast Asia PE -sources
KKR & Co is moving a managing director from India to Singapore to lead the firm's Southeast Asia private equity business, two familiar with the matter sources told Reuters, bolstering its personnel in the region. Prashant Kumar, who has been with KKR in Mumbai since 2018, will move to Singapore and start his new role in July, one of the sources said. Kumar will work with Ashish Shastry, a partner who heads Southeast Asia and co-heads the firm's Asia Pacific Private Equity business.
- Reuters
MOVES-KKR India moves Kumar to Singapore to lead Southeast Asia PE -sources
KKR & Co is moving a managing director from India to Singapore to lead the firm's Southeast Asia private equity business, two familiar with the matter sources told Reuters, bolstering its personnel in the region. Prashant Kumar, who has been with KKR in Mumbai since 2018, will move to Singapore and start his new role in July, one of the sources said. Kumar will work with Ashish Shastry, a partner who heads Southeast Asia and co-heads the firm's Asia Pacific Private Equity business.
Business WireKKR Acquires Industrial Warehouses Serving the Phoenix and Atlanta Markets
NEW YORK, May 31, 2023--KKR, a leading global investment firm, today announced the acquisition of an industrial park in Phoenix, Arizona and an industrial warehouse in Atlanta, Georgia. The properties are both newly constructed Class A assets and were acquired in two separate transactions from two different sellers for an aggregate purchase price of approximately $250 million.
Business WireKKR to Present at the Morgan Stanley US Financials, Payments & CRE Conference 2023
NEW YORK, May 30, 2023--KKR & Co. Inc. (NYSE: KKR) announced today that Allan Levine, Chairman and Chief Executive Officer of Global Atlantic, will present at the Morgan Stanley US Financials, Payments & CRE Conference 2023 on Tuesday, June 13, 2023 at 9:30 AM ET.
Business WireGlobal Atlantic announces $19.2 billion reinsurance agreement with MetLife
NEW YORK, May 25, 2023--Global Atlantic Financial Group ("Global Atlantic"), a leading insurance company meeting the retirement and life insurance needs of individuals and institutions, today announced it has signed a $19.2 billion reinsurance agreement with MetLife, Inc. (NYSE: MET). The transaction, signed between subsidiaries of the two companies, will reinsure a seasoned and diversified block of MetLife’s U.S. retail annuity and life insurance business.
- Business Wire
KKR Announces the Acquisition of a Residential Portfolio in Finland
STOCKHOLM, May 25, 2023--KKR, a leading global investment firm, today announced that KKR’s European real estate platform has agreed to acquire a high-quality portfolio of thirty residential properties in Finland (the "Portfolio") from Kruunuasunnot. The Portfolio comprises over 1,200 residential units with two thirds of the portfolio located in the country’s three largest cities of Helsinki, Turku and Tampere.
- Business Wire
KREST Names Julia Butler As Chief Investment Officer
NEW YORK, May 24, 2023--KKR, a leading global investment firm, today announced that the Board of Directors of KKR Real Estate Select Trust Inc. ("KREST" or the "Fund") has appointed Julia Butler to the newly created role of Chief Investment Officer ("CIO") of KREST. A veteran real estate investor and Managing Director at KKR, Ms. Butler is now on KREST’s dedicated senior leadership team. She will oversee investment management for the Fund as it continues to scale its high-quality global portfoli
BloombergKKR Expects Big Private Credit Deals to Keep Coming Forward
(Bloomberg) -- Expect to see more $5 billion to $6 billion-sized private credit debt deals ahead, said Cade Thompson, head of US debt capital markets at KKR & Co Inc.Most Read from BloombergMcCarthy, Graves Signal Impasse in White House Debt TalksChina’s New Covid Wave Set to See 65 Million Cases a WeekLuxury Stocks Lose $30 Billion in One Day on Demand FearsMcCarthy Says Debt Deal Remains Elusive as Negotiations ResumeWorld’s Richest Man Loses $11 Billion After LVMH Stock RoutA group of private
BloombergKKR's Thompson on Private Credit, Refinancing, M&A
Cade Thompson, US head of debt capital markets at KKR & Co., discusses the growth in private credit to finance deals, refinancing of corporate debt, and the firm's merger and acquisition strategy on "Bloomberg Markets." Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us on... Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness/ Instagram: https://www.instagram.com/quicktake/?hl=en
Motley FoolThese Dividend Stocks Are Setting Their Sights on This $150 Trillion Market Opportunity
Alternative asset managers have built enormous businesses by tapping into institutional capital. Institutional investors like pension funds, endowments, and insurance companies have an estimated $135 trillion to $140 trillion pool of investable capital. Private investors hold the other half, estimated to be between $140 trillion and $150 trillion.
Business WireKKR Names Dan Pietrzak Global Head of Private Credit
NEW YORK, May 19, 2023--KKR, a leading global investment firm, today announced it has named Dan Pietrzak as Global Head of Private Credit. Most recently, Mr. Pietrzak served as Co-Head of Private Credit with Matthieu Boulanger, who is leaving to pursue other opportunities.
- Reuters
Cloud-based Restaurant365 hits unicorn status after $135 mln funding round
U.S. cloud-based restaurant manager Restaurant365 has turned a 'unicorn' after a $135 million funding round, the company said on Friday. The new round of funding was co-led by global investment firms KKR & Co Inc and L Catterton along with current investors, including ICONIQ Growth and Besemer Venture Parteners, the California-based company said.
Business WireKKR to Present at the Bernstein 39th Annual Strategic Decisions Conference 2023
NEW YORK, May 18, 2023--KKR & Co. Inc. (NYSE: KKR) announced today that Joseph Y. Bae, Co-Chief Executive Officer, will present at the Bernstein 39th Annual Strategic Decisions Conference 2023 on Thursday, June 1, 2023 at 8:00 AM ET.
Business WireKKR Prices ¥61,500,000,000 of Senior Notes
NEW YORK, May 18, 2023--KKR & Co. Inc. ("KKR") (NYSE: KKR) today announced that it has priced an offering of ¥44,700,000,000 aggregate principal amount of its 1.428% Senior Notes due 2028 (the "2028 notes"), ¥1,800,000,000 aggregate principal amount of its 1.614% Senior Notes due 2030 (the "2030 notes"), ¥1,500,000,000 aggregate principal amount of its 1.939% Senior Notes due 2033 (the "2033 notes"), ¥3,000,000,000 aggregate principal amount of its 2.312% Senior Notes due 2038 (the "2038 notes")
BloombergTelecom Italia Falls on Report CDP Dropping $21 Billion Grid Bid
(Bloomberg) -- Telecom Italia SpA fell on Tuesday following a Bloomberg report that Italy’s state lender will drop its offer for the carrier’s landline network, ending a bidding war with KKR & Co. Most Read from BloombergA 32-Year-Old Nears Billionaire Status by Using AI to Broker Japan MergersChicago’s Empty Office Towers Threaten Its Future as a Major Financial HubTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffGoogle Billionaire Sergey Brin Gifts $600 Million in Surging SharesTur
BloombergPemex in Talks to Pay KKR $320 Million for Fuel-Import Terminal
(Bloomberg) -- Petroleos Mexicanos is in advanced talks to buy KKR & Co.’s Monterra Energy fuel-storage terminal in Tuxpan, Veracruz, in one of the latest blows to Mexican energy liberalization that ushered in a wave of foreign investment.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffTurkey Set for Runoff as Erdogan Falls Just Short of VictoryMichael Burry Doubles Alibaba Stake in Big Bet on China TechChicago’s Empty Office Towers Threaten Its Future as a M
- Reuters
UPDATE 1-KKR-backed Envision Healthcare files for bankruptcy
KKR & Co Inc-backed Envision Healthcare Corp and its wholly owned subsidiaries filed for Chapter 11 bankruptcy protection on Monday. The U.S. provider of physicians has estimated assets and liabilities in the range of $1 billion to $10 billion each, the company said in a court filing. The company said that it entered into a restructuring support agreement for debt obligations of about $7.7 billion under which its unit AMSURG which manages ambulatory surgery centers and Envision Physician Services will be separately owned.
ReutersKKR-backed Envision Healthcare files for bankruptcy
The U.S. provider of physicians has estimated assets and liabilities in the range of $1 billion to $10 billion each, the company said in a court filing. The company said that it entered into a restructuring support agreement for debt obligations of about $7.7 billion under which its unit AMSURG which manages ambulatory surgery centers and Envision Physician Services will be separately owned. Envision's AMSURG unit will buy surgery centers held by the company for $300 million plus a waiver of intercompany loans held by AMSURG, it said in a statement.
Motley FoolThese Bargain-Hunting Investors Have a Combined $379 Billion to Buy the Dip
In recent years, investors have poured money into alternative investment vehicles like private equity and hedge funds. Because of that, leading alternative investment managers are flush with cash. Industry behemoths Blackstone (NYSE: BX), Brookfield Asset Management (NYSE: BAM), and KKR (NYSE: KKR) have amassed a combined total of $379 billion of dry powder that they can deploy to capitalize on future investment opportunities.
Simply Wall St.KKR's (NYSE:KKR) Upcoming Dividend Will Be Larger Than Last Year's
KKR & Co. Inc.'s ( NYSE:KKR ) dividend will be increasing from last year's payment of the same period to $0.165 on 6th...
Business WireKKR Increases Majority Stake in Seiyu With Acquisition of Rakuten Shares
TOKYO, May 12, 2023--KKR Increases Majority Stake in Seiyu with Acquisition of Rakuten Shares
Business WireKKR to Acquire Leading Testing and Measurement Instrument Provider Industrial Physics from Union Park Capital
NEW YORK, May 11, 2023--KKR, a leading global investment firm, today announced the signing of a definitive agreement under which investment funds managed by KKR will acquire Industrial Physics (or the "Company"), a leading manufacturer of testing and measurement instruments, from Union Park Capital ("UPC"). KKR plans to support the Company in its continued growth organically and through add-on acquisitions. Financial terms were not disclosed.