New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
December 5, 2012
08:04 EDTKKRKKR's Kravis: People selling companies want it done before year's end, WSJ says
Not knowing if the capital gains tax will increase, many business are quickly moving to close deals before year's end and take the gains at the current tax rate, reports the Wall Street Journal. At KKR,(KKR), co-chairman and co-CEO Henry Kravis says the firm is “seeing right now a lot of people saying if you want to buy my company you have to close it by December 31st.” About the fiscal cliff, Kravis says the people in Washington have “got to solve the problem,” and that they should “quit acting like youngsters and let’s do which is right for the country.” If a deal isn't reached, the tax may go to as much as 23.8% from the current 15%.Reference Link
News For KKR From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 12, 2015
05:23 EDTKKRKKR agrees to acquire majority stake in Selecta from ACP
Subscribe for More Information
October 11, 2015
14:47 EDTKKRPetco requests private equity bids amid stalled PetSmart talks, Reuters says
Subscribe for More Information
October 9, 2015
07:37 EDTKKRPrivate equity asset managers attractive, says Oppenheimer
Oppenheimer expects the private equity-based asset managers to report Q3 negative economic net income. However, Oppenheimer believes that such losses are "a fiction" created by accounting. Oppenheimer's analyst continues to believe that these companies have the best business mode he has sen in 30 years of covering financial stocks, and views the group as significantly undervalued. He expects the group's cash earnings to continue on an upward path, and says that Blackstone (BX), Carlyle Group (CG), and KKR (KKR) all had "significant realizations" in Q3 and have strong backlogs.
October 6, 2015
07:24 EDTKKRbloomberg to hold a summit
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 disclaimer & terms of use