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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
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February 5, 2016
06:53 EDTKKRBlackstone, Onex advance in Philips Lighting auction, Bloomberg reports
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January 28, 2016
05:28 EDTKKRKKR and Masan Group conclude partnership in Masan consumer
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January 27, 2016
13:40 EDTKKRKKR replaces Bain as suitor for Peroni, Grolsch brands, Reuters says
KKR (KKR) is replacing Bain Capital as a bidder for SABMiller's (SBMRY) Peroni and Grolsch brands, Reuters reporst, citing three sources familiar with the matter. KKR was not previously shortlisted as one of the final suitors for the brands being unloaded by AB InBev (BUD) to smooth its acquisition of SABMiller, the report says. Reference Link
06:53 EDTKKRKKR, Bain, Fujifilm to make offers for Toshiba Medical, Reuters reports
KKR (KKR), Bain Capital, and Fujifilm (FUJIY) are among possible bidders for a medical equipment unit of Toshiba (TOSBF) in a deal that could be valued as high as $3B, Reuters reports, citing people familiar with the process. Reference Link
January 26, 2016
07:36 EDTKKRKKR leads funding round in Jitterbit
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