|Bid||0.00 x 800|
|Ask||26.75 x 4000|
|Day's Range||26.31 - 26.66|
|52 Week Range||17.96 - 27.56|
|PE Ratio (TTM)||15.20|
|Earnings Date||Jul 25, 2018 - Jul 30, 2018|
|Forward Dividend & Yield||0.68 (2.51%)|
|1y Target Est||29.77|
Stock Research Monitor: JHG, LM, and NTRS LONDON, UK / ACCESSWIRE / July 12, 2018 / If you want a free Stock Review on KKR sign up now at www.wallstequities.com/registration . On Wednesday, July 11, 2018, ...
NEW YORK , July 10, 2018 /PRNewswire/ -- Juan Monteverde , founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York ...
Austin-based Venado Oil and Gas LLC is expanding its presence in the Eagle Ford Shale about 60 miles southwest of San Antonio. One of its affiliates entered into a partnership with the Houston office of global investment firm KKR & CO LP (NYSE: KKR) and closed on a deal Monday to buy 23,000 net acres of oil leases in Atascosa and Frio counties, Venado announced.
Nineteen members of Congress sent a letter to the private-equity backers of Toys “R” Us Inc. questioning their role in the toy retailer’s bankruptcy and criticizing the leveraged-buyout model as an engine of business failure and job loss. It asks whether the investment firms deliberately pushed Toys “R” Us into bankruptcy and encourages them to compensate the roughly 33,000 workers who lost their jobs.
KKR & Co. has completed the acquisition of Unilever PLC’s margarine-and-spreads business. When the deal was announced in December, it was valued at €6.83 billion ($8.03 billion).
The " Fast Money " traders shared their first moves for the market open. Pete Najarian is a buyer of KKR & Co KKR Steve Grasso is a buyer of Alibaba BABA Karen Finerman is a buyer of United Rentals ...
The assets, which produced about 4,500 net barrels of oil equivalent a day in the second quarter, include oil production from 22 producing wells and about 23,000 net acres.
As our appetite for data booms, private equity firms are betting on the cell towers and cable infrastructure to support it. For years, Europe's carriers have struggled to consolidate across the continent in the same way as their U.S. counterparts. KKR already owns a 40 percent stake in Telxius Telecom SA, an operator in Germany and Spain that was spun out of Telefonica SA last year.
Today, affiliates of Venado Oil and Gas, LLC and KKR announced that they have closed on an acquisition of operated assets located in the Eagle Ford oil window of South Texas.
Several states have barred medical providers from shocking patients with surprise bills for thousands of dollars, but pensions in those same states are poised to profit from the practice. Public-employee retirement funds in California, New York, Oregon and other states have heavily invested with a private-equity firm, KKR & Co., that’s been buying up companies known for demanding steep payouts for emergency medical treatment and hospital stays that may not have been entirely covered by a person’s health plan. Health-care providers that use the practice, known as balance billing, often seek hundreds or thousands of dollars from patients after collecting what they can from insurers.
KKR & Co.’s shares rose almost 4.4 percent Monday with the announcement that it had completed its conversion to a corporation, reaching the highest price since January 2014.
Hyperion, a leading provider of hard and super hard materials for metalworking and manufacturing process tools and other engineered products, and KKR, a global investment firm, today announced the completion of KKR’s acquisition of Hyperion from Sandvik. The transaction was funded through KKR's Americas XII Fund and marks KKR's first acquisition of a middle-market business in the industrials sector. Effective upon the transaction close, Ron Voigt will assume the role of Chief Executive Officer of Hyperion, responsible for the strategic direction and operating performance of the company.
As previously announced, KKR & Co. Inc. (KKR) completed its conversion from a Delaware limited partnership to a Delaware corporation on July 1, 2018. “We are pleased to have completed our conversion from a partnership to a corporation,” said Henry R. Kravis and George R. Roberts, Co-Chairmen and Co-Chief Executive Officers of KKR. Investor Day will be held for common stockholders and analysts on Monday, July 9, 2018 from 8:00 am to 1:00 pm ET.
KKR & Co transforms into a corporation on Sunday, a change that should help the U.S. private equity firm tap a new pool of investors for its stock. What remains to be seen is if, given the new option, active fund managers will want to buy what KKR is selling. The firm's rivals will meanwhile be keeping an eye on investor demand to judge if they should follow suit.
Creditors are stepping up a probe of guitar-maker Gibson Brands Inc.’s pre-bankruptcy dealings, looking for signs the troubled company favored senior lenders, including affiliates of private-equity giants Blackstone Group and KKR & Co. Blackstone’s GSO Capital Partners LP and KKR Credit Advisors (US) LLC are among the largest secured lenders to Gibson, which filed for chapter 11 bankruptcy protection May 1, with $475 million in secured debt.
KKR & Co (KKR.N) transforms into a corporation on Sunday, a change that should help the U.S. private equity firm tap a new pool of investors for its stock. What remains to be seen is if, given the new option, active fund managers will want to buy what KKR is selling. The change by KKR, which made its name through leveraged buyouts in Corporate America in the 1980s, to so-called C-Corp from a publicly traded partnership (PTP) will mean a bigger tax bill.
Toys ‘R’ Us, Inc. has been a private company thanks to a 2005 leveraged buyout by KKR & Co. LP ( KKR), Bain Capital and Vornado Realty Trust. On February 7, 2018, the toy store started liquidation sales at 144 stores in the US after for filing for Chapter 11 bankruptcy in September 2017.
KKR today announced the release of its 2018 mid-year outlook piece by Henry McVey, Head of Global Macro and Asset Allocation (GMAA). In New Playbook Required, McVey outlines his perspective on the current investing environment and updates his asset allocation targets. “From a macro and asset allocation perspective, we feel confident that we are on the cusp of a secular shift where a new playbook for investing may be required,” Henry McVey says.
Richard Workman, 63, stopped practicing in 1996 to build his company, Heartland Dental, into a kind of Walgreens for the dentistry business. Workman’s empire-building caught the eye of KKR & Co. In April, the private equity powerhouse bought a 58 percent stake that valued Heartland at a rich $2.8 billion, the latest in a series of acquisitions in the industry. Other Wall Street investment firms -- from Leonard Green & Partners to Ares Management -- are also drilling into dentistry to see if they can create their own mega chains.
The initial public offering of commercial landscaper BrightView Holdings Inc was priced at $22 per share, the company said on Wednesday, at the lower end of the projected range. The offering of 21.3 million shares, which was indicated to be priced between $22 and $25 each, raised net proceeds of $435.1 million. BrightView, one of the largest U.S. providers of commercial landscaping services, is backed by investment funds affiliated with KKR & Co and MSD Partners, which will both remain the firm's largest shareholders following the offering.
Lyft, which has 35 percent market share in the United States, has investors including AllianceBernstein, Baillie Gifford, and KKR & Co (KKR.N). Rival Uber in May said it would hold a secondary stock sale for employees and existing investors that would value the company at $62 billion, up from the $48 billion valuation it commanded in a secondary sale late last year.
MILAN/LONDON (Reuters) - Bain Capital has won an auction to buy Italian chemicals maker Italmatch, three sources familiar with the matter told Reuters, trumping rival bids from KKR and Cinven. The private equity firm will pay around 700 million euros (617.46 million pounds) to take control of the Genoa-based company, two of the sources said. Italmatch has been controlled by French investor Ardian since 2014.
NEW YORK, June 27, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Citizens ...
The listing could value the vending-machine operator at up to €3 billion ($3.5 billion) and could happen before the end of the year, although a 2019 listing is also a possibility.
A sizeable part of portfolio returns can be produced by dividend stocks due to their contribution to compounding returns in the long run. Over the past 8 years, KKR &Read More...