New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
August 15, 2014
07:26 EDTKKR, APOApollo, KKR downgraded to Market Perform at Wells Fargo
Wells Fargo downgraded both Apollo Global (APO) and KKR (KKR) to Market Perform from Outperform saying it sees "considerable downside risk" to earnings as incentives go away. Wells believes business conditions have been near ideal for private equity firms over the last five years, and it expects some reversion to the mean going forward as the latter stages of the credit cycle approaches, reducing incentives and distributions. Wells lowered its price target range for Apollo to $21-$25 from $27-$30 and for KKR to $22-$25 from $27-$30.
News For APO;KKR From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
July 7, 2015
05:59 EDTKKRReport: KKR rejoins bidding process for Tesco's South Korean unit, Reuters ssays
Subscribe for More Information
05:27 EDTKKRKKR, Hines Italia SGR and COIMA acquires five telecom assets in Italy
Subscribe for More Information
July 6, 2015
09:54 EDTKKRKKR appoints Dominique Lafont as senior advisor
Subscribe for More Information
09:01 EDTAPOOM Group announces expiration of 'go shop' period
Subscribe for More Information
June 30, 2015
06:18 EDTAPOSumitomo Mitsui close to deal to buy GE's European PE finance unit, WSJ reports
Subscribe for More Information
June 29, 2015
10:58 EDTKKRKKR to pay $30M to settle SEC charges of misallocating broken deal expenses
Subscribe for More Information
June 26, 2015
07:28 EDTKKRKKR-backed Coffee Day plans $181M IPO in India, Bloomberg reports
Coffee Day Enterprises, which includes KKR (KKR) among its investors, plans to raise as much as $181M from an initial share sale in India, Bloomberg reports. Kotak Mahindra Capital, Citi (C), and Morgan Stanley (MS) are among the managers to the planned sale, the report says. Reference Link
June 25, 2015
14:27 EDTAPOCapital One, Apollo, Ares, Ventas bid for GE healthcare lender, Bloomberg says
Subscribe for More Information
07:48 EDTKKRMorgan Stanley disregards Fed guidelines with $1B loan, NY Post reports
Subscribe for More Information
June 23, 2015
10:19 EDTAPOReno shoe chain hires bankers to explore sale, Reuters reports
Subscribe for More Information
09:03 EDTKKR3M to buy Capital Safety from KKR in deal valued at $2.5B
3M (MMM) announced it has entered into a definitive agreement to acquire Capital Safety from KKR (KKR) for a total enterprise value of $2.5B, including the assumption of approximately $700M of debt, net of cash acquired. The business employs approximately 1,500 people worldwide and is headquartered in Bloomington, Minnesota. On a GAAP reported basis, 3M estimates the acquisition to be 4c dilutive to earnings in the first 12 months following completion of the transaction. Excluding purchase accounting adjustments and anticipated one-time expenses related to the transaction and integration, 3M estimates the acquisition to be 12c accretive to earnings over the same period. The transaction is expected to close in the third quarter, subject to customary closing conditions and regulatory approvals. 3M will finance the transaction with existing cash, a portion of which will come from outside the U.S.
08:45 EDTKKRKKR toa cquire C.H.I. Overhead Doors from FFL, terms not disclosed
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use