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Stock Market & Financial Investment News

News Breaks
July 9, 2014
05:17 EDTKKRKKR acquires majority interest in OEG Offshore, terms not disclosed
OEG Offshore Group announced the acquisition of a majority interest in the company by KKR, with the executive management retaining a significant holding in the company. OEG manufactures and leases specialist Cargo Carrying Units which are essential items used by oil and gas operators and their service providers to transport equipment and supplies to and from rigs and platforms as part of their day-to-day offshore operations. In addition, OEG has a fleet of modular workspaces which serve as temporary offices or laboratories by engineers or other personnel undertaking work on offshore platforms or rigs. The financial details of the transaction were not disclosed.
News For KKR From The Last 14 Days
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March 5, 2015
07:36 EDTKKRKKR in settlement talks with SEC over expense sharing probe, PE Hub reports
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07:08 EDTKKRHoulihan Lokey to hold a conference
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March 2, 2015
09:43 EDTKKRPhilips to get bids for lighting business from KKR, Bain, Reuters reports
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February 26, 2015
12:56 EDTKKRKKR's Samson in restructuring talks, WSJ says
KKR's (KKR) Samson Resources is in discussions with restructuring advisers at Blackstone (BX) and other firms on how to handle its $3.8B long-term debt, reports the Wall Street Journal, citing people familiar with the matter. The Journal notes that Samson previously expressed interest in selling some oil and gas fields. Reference Link
February 20, 2015
06:29 EDTKKRBayer close to selling diabetes unit to Panasonic, Bloomberg says
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