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Stock Market & Financial Investment News

News Breaks
July 15, 2014
07:09 EDTKKRKKR, PEP to make joint $1B offer for SAI, Reuters says
KKR is anticipated to join Australia's Pacific Equity Partners to make a $1B offer for SAI Global, according to Reuters, citing two sources familiar with the matter. The sources said the firms are expected to lodge an indicative offer by a first-round deadline later today. One of the sources noted that up to two other possible purchasers could also lodge an indicative bid. Reference Link
News For KKR From The Last 14 Days
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October 12, 2015
05:23 EDTKKRKKR agrees to acquire majority stake in Selecta from ACP
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October 11, 2015
14:47 EDTKKRPetco requests private equity bids amid stalled PetSmart talks, Reuters says
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October 9, 2015
07:37 EDTKKRPrivate equity asset managers attractive, says Oppenheimer
Oppenheimer expects the private equity-based asset managers to report Q3 negative economic net income. However, Oppenheimer believes that such losses are "a fiction" created by accounting. Oppenheimer's analyst continues to believe that these companies have the best business mode he has sen in 30 years of covering financial stocks, and views the group as significantly undervalued. He expects the group's cash earnings to continue on an upward path, and says that Blackstone (BX), Carlyle Group (CG), and KKR (KKR) all had "significant realizations" in Q3 and have strong backlogs.
October 6, 2015
07:24 EDTKKRbloomberg to hold a summit
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