New User:

-or-
Username:
Password:
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.
April 23, 2015
08:07 EDTKKRKKR reports Q1 adjusted ENI 62c, consensus 53c
Subscribe for More Information
April 22, 2015
15:50 EDTKKRNotable companies reporting before tomorrow's open
Subscribe for More Information
April 20, 2015
08:37 EDTKKRKKR, Anchor Equity to acquire controlling stake in Groupon's Ticket Monster
Private equity investor Anchor Equity Partners and global investment firm KKR (KKR) have signed a definitive agreement to acquire a controlling stake in leading South Korean mobile commerce company Ticket Monster from Groupon (GRPN). Anchor and KKR, in conjunction with TMON’s management, will jointly acquire a controlling stake in TMON and will inject new capital into the company to help fund its future growth opportunities. Anchor and KKR will hold equal stakes in the company. Some of the world’s largest pension, sovereign wealth funds and institutional investors, including the Canada Pension Plan Investment Board and Pavilion Capital, will also be participating as investors in this transaction. Groupon, which acquired TMON in January 2014, will retain a fully diluted 41% minority stake in the company. The investment is based on a $782M fully diluted valuation of TMON. KKR and Anchor will work closely with TMON’s co-founder and CEO Dan Shin and the management team to grow the business. The transaction is expected to close in the second quarter of 2015, subject to regulatory and customary closing conditions.
08:33 EDTKKRGroupon agees to sell 46% stake in Ticket Monster to KKR for $360M
Subscribe for More Information
April 16, 2015
08:03 EDTKKRKKR closes $1.34B direct lending fund
Subscribe for More Information
April 14, 2015
13:02 EDTKKRFly Watch: Analyst expects strong Q1 results from private equity firms
Subscribe for More Information
10:00 EDTKKRGroupon core business still key to valuation, says Piper Jaffray
Subscribe for More Information
08:27 EDTKKRPrivate equity business model strong, results likely strong, says Oppenheimer
Oppenheimer's analyst says that private equity's business model is the best one he has seen in 30 years of following financial stocks. The firm expects most of the companies in the sector to report strong Q1 results, and predicts that investors will gain confidence in the sustainability of private equity firms' businesses. Oppenheimer identifies Crane (CR) and KKR (KKR) as its favorite names in the sector.
08:04 EDTKKRKKR names Luis Tellez as senior advisor
Subscribe for More Information
07:00 EDTKKRKKR investor consortium close to deal to buy stake in Ticket Monster, WSJ says
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