Tag: $KKR and Co

Aon agreed to buy insurance brokerage USI Insurance from private-equity firm KKR for roughly $17 billion, including debt. The companies unveiled the deal Monday, after The Wall Street Journal reported Sunday the deal was imminent.

KKR has agreed to pay $250mn to settle the US Department of Justice’s lawsuit alleging the private equity firm repeatedly failed to properly file documents with the federal government related to buyouts between 2021 and 2022.

Private equity giant KKR will take Integer Holdings private in an all-cash deal valued at about $5.7 billion, the medical-device outsourcing firm said on Monday.
Shares of ​Plano, Texas-based Integer Holdings rose 2.4% in premarket trading.

KKR’s second-quarter profit beat market expectations on Thursday, as it raked in higher fees from managing a growing stack of assets and ​cashed in on a bumper run of asset sales in the second quarter.

A KKR-led group on Thursday launched a new company with more than $10 billion in committed capital to finance ​the build-out of AI infrastructure, the latest effort ‌by an alternative asset manager to capitalize on growing demand for AI services.

KKR & Co. Inc. on Tuesday reported first quarter adjusted earnings per share of $1.39, beating analyst estimates of $1.34 by $0.05, as the alternative asset manager posted approximately 20% YoY growth across key earnings metrics.

Assura said on Monday that it would consider a 1.61 billion pound ($2.1 billion) offer from U.S. private equity group KKR and Stonepeak Partners, pushing shares of the British healthcare real estate investment trust up 14%.

KKR and Walmart have agreed to sell Seiyu for about $2.5 billion, ending foreign ownership of one of Japan’s most well-known supermarket operators.

KKR said it has put forward a non-binding proposal offer to buy Assura, which values the London-Listed property business at 1.56 billion pounds ($1.97 billion).

Robinhood has agreed to pay fines of $45mn to cover data breach and record-keeping failures — one of a series of penalties levied by US regulators on Monday against financial groups, including units of Blackstone and KKR.

S&P Dow Jones Indices announced on Friday that CrowdStrike (NASDAQ:CRWD) will join the S&P 500 index on June 21, following the stock’s recent GAAP profitability.