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Stock Market & Financial Investment News

News Breaks
January 27, 2014
07:17 EDTKKRKKR to acquire majority ownership of Sedgwick for $2.4B
Sedgwick Claims Management Services announced that KKR, together with management, have signed an agreement to acquire majority ownership of Sedgwick for approximately $2.4B from its current group of investors, which includes Hellman & Friedman and Stone Point Capital. On an annual basis, Sedgwick handles more than 2.1M claims and has fiduciary responsibility for claim payments totaling more than $11B. The transaction is expected to close during the Q1 of 2014, subject to customary conditions and regulatory approvals.
News For KKR From The Last 14 Days
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April 22, 2014
08:16 EDTKKRKKR to team with Italian banks to package bad loans, FT says
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07:26 EDTKKRInformation Management Network to hold a conference
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April 21, 2014
10:29 EDTKKRCtW expected to oppose KKR buyout of KKR Financial, NY Times reports
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April 14, 2014
08:31 EDTKKRBlackstone and Goldman Sachs to acquire Ipreo from KKR
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07:20 EDTKKRKKR to sell Ipreo to Blackstone, Goldman Sachs for $975M, Financial Times says
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April 10, 2014
06:41 EDTKKRGo Daddy hires Morgan Stanley, JPMorgan for IPO, NY Times says
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