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Stock Market & Financial Investment News

News Breaks
August 4, 2014
06:38 EDTKKRKKR ups offer for Treasury Wine Estates, Bloomberg says
KKR and Rhone Capital increased a bid for Treasury Wine Estates to $3.2B, which added 11% from a prior offer that Treasury declined earlier in FY14, according to Bloomberg citing a regulatory filing. Reference Link
News For KKR From The Last 14 Days
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May 28, 2015
06:59 EDTKKRApollo, KKR expected to bid for GE unit, WSJ reports
Private equity firms including KKR (KKR) Apollo Global (APO) and Ares Management are among the private equity firms that are in the process of bidding for GE's (GE) business that funds LBOs, The Wall Street Journal reports, citing sources. The unit could fetch over $17B in a sale, the publication notes. Canada Pension Plan Investment Board and Guggenheim Securities also are expected to submit offers for the unit, and an agreement could be announced as early as next week, the sources say. Reference Link
May 26, 2015
09:12 EDTKKRKKR, Gulf Bay Group to acquire Pelican Bay property in Naples for $80M
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