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Stock Market & Financial Investment News

News Breaks
January 31, 2014
09:04 EDTKKRKKR to take around 10% stake in Hertha BSC, Reuters reports
According to a source, KKR will take a stake of around 10% in Hertha BSC, a German soccer club, Reuters reports. The investment is said to be worth around EUR60M, or $81.38M. KKR will not try to influence sport-related issues. Reference Link
News For KKR From The Last 14 Days
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October 6, 2015
07:24 EDTKKRbloomberg to hold a summit
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September 25, 2015
16:43 EDTKKRKKR no longer holds stake in Smucker, lost right to designate board observer
On September 21, The J. M. Smucker Company (SJM) entered into an underwriting agreement, dated as of September 21, with Blue Holdings and Morgan Stanley with respect to a registered underwritten public offering of 8.28M shares of the company's common shares, to be sold by the selling shareholder. The common shares sold by the selling shareholder represent 100% of the ownership interests attributable to affiliates of Kohlberg Kravis Roberts (KKR). The secondary offering was completed on September 25. Upon completion of the secondary offering, KKR ceased to be the beneficial owner of any of the common shares and lost its right to designate a board observer.

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