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Kohlberg Kravis Roberts Teams Up With Chesapeake Energy
Tuesday, March 6, 2012 - 10:12am
Kohlberg Kravis Roberts (K.K.R.) has teamed up with Chesapeake Energy (NYSE: CHK) in order to invest in oil and natural gas projects in the U.S. According to Dealbook, the companies will between them invest $250 million in the endeavor, and K.K.R. is providing 90% of the funding. CHK will source,...
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Tuesday, August 30, 2011 - 10:22am
How Far Can A Dollar (General) Go These Days?
Warren Buffett certainly knows a good thing when he sees it. When Buffett, 81, announced earlier in the month he had a position in Dollar General (NYSE: DG), many thought it was a shrew move. After today's earnings beat, it looks like an even shrewder move. The Goodlettsville, Tennessee-based...
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KKR Eyes Minority Stake in ING Direct USA
Thursday, June 9, 2011 - 9:11am
Leveraged-buyout company KKR (NYSE: KKR) is reportedly interested in acquiring a minority stake in Dutch lender ING Groep's (NYSE: ING) U.S. online bank, ING Direct USA. General Electric (NYSE: GE) and Capital One Financial (NYSE: COF) submitted their bids for the U.S. unit last week. GE has made...
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Carlyle Group to Take HCR ManorCare Public
Tuesday, June 7, 2011 - 10:32am
Reuters is reporting that private equity firm The Carlyle Group will soon take HCR ManorCare public in an offering that could raise as much as $500 million. The company is expected to file IPO registration paperwork with the U.S. Securities and Exchange Commission within the next month. The IPO...
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KKR Finds Cash Cow in Shale
Thursday, June 2, 2011 - 9:06am
Private equity firm KKR (NYSE: KKR) said Wednesday that Marathon Oil (NYSE: MRO) has agreed to pay $3.5 billion for its Eagle Ford Shale project in Texas, a joint venture between KKR and Hilcorp Energy. KKR will see $1.13 billion from the transaction, almost treble its investment of $400 million in...
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Del Monte Bought Out By Private Equity (DLM, KKR)
Friday, November 26, 2010 - 12:01pmDel Monte Foods (NYSE: DLM) has agreed to be bought out by a consortium of private equity firms led by Kohlberg Kravis Roberts & Co. (NYSE:KKR). Vestar Capital Partners and Centerview Partners will also be participating in the deal which values the company at $19 per share. Under the terms of...
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Kohlberg Kravis Roberts To Raise New Fund
Friday, May 14, 2010 - 5:40pmPrivate equity firm Kohlberg Kravis Roberts & Co said that it plans to raise a new private equity fund. KKR, however, refused to give any timeline for the fund's genesis. The firm also said that it still has $5 billion left from its previous fund raised in 2006. Scott Nuttall, a KKR executive,...
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Harley-Davidson (HOG) Up Nearly 7% On Takeover Rumors
Tuesday, March 16, 2010 - 7:04pm
Shares of Harley-Davidson, Inc. (NYSE: HOG) ended trading on Tuesday up nearly 7% fueled by takeover rumors. Rumors are circulating that private equity firm Kohlberg Kravis Roberts may be considering a takeover of the motorcycle manufacturer. Neither Kohlberg Kravis Roberts, nor Harley-Davidson,...
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Harley Davidson Pops On Takeover Talk (HOG)
Tuesday, March 16, 2010 - 11:44amShares of Harley Davidson (NYSE: HOG) are gaining on a rumor the iconic motorcycle maker may be the target of a leveraged buyout. Traders are citing market talk that private equity firm Kohlberg Kravis Roberts could be a potential bidder for Harley. A spokesperson for KKR said it is not their...
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KKR Financial Holdings LLC to Restructure its Capital Structure (KFN)
Tuesday, January 12, 2010 - 4:42pmKKR Financial Holdings LLC (NYSE: KFN), a debt fund managed by private equity firm Kohlberg Kravis Roberts & Co, wants to sell off $125 million of convertible bonds. KKR intends to do this in order to repay or repurchase its existing senior debt as it is expected to report losses in the last...
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