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Stock Market & Financial Investment News

News Breaks
February 25, 2014
07:54 EDTKKR, RWEOY, BASFYBASF after takeover targets in oil and gas, Reuters reports
BASF (BASFY) Chairman Kurt Bock says the company would continue to look for takeover targets in the oil and gas industry, reports Reuters. Sources say BASF's Wintershall unit made a tentative offer of $4.8B for RWE's (RWEOY) DEA unit, below bids by a consortium of U.S. private equity firm KKR (KKR) and Kufpec as well as by Russia's Mikhail Fridman.Reference Link
News For BASFY;RWEOY;KKR From The Last 14 Days
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May 28, 2015
06:59 EDTKKRApollo, KKR expected to bid for GE unit, WSJ reports
Private equity firms including KKR (KKR) Apollo Global (APO) and Ares Management are among the private equity firms that are in the process of bidding for GE's (GE) business that funds LBOs, The Wall Street Journal reports, citing sources. The unit could fetch over $17B in a sale, the publication notes. Canada Pension Plan Investment Board and Guggenheim Securities also are expected to submit offers for the unit, and an agreement could be announced as early as next week, the sources say. Reference Link
May 26, 2015
09:12 EDTKKRKKR, Gulf Bay Group to acquire Pelican Bay property in Naples for $80M
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