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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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November 19, 2014
10:12 EDTKKRPetSmart says will not take questions on strategic alternatives exploration
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06:03 EDTKKRSources: KKR, CD&R team up to take PetSmart private, Reuters reports
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