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Private Equity Firms Get A Post-Election Day Bounce
Saturday, November 7, 2020 - 5:49pm | 487Read More...Many stocks were on the move this past week as markets anticipated a Joe Biden victory for the White House but continued Republican control of the Senate. In some cases, the narratives behind the moves were obvious. Likely White House support for renewables pushed up green energy bets like Invesco...
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Why KKR Invested In A Pizza Delivery Platform
Friday, May 15, 2020 - 6:54am | 389Read More...Pizza delivery company Slice secured a new $43 million Series C funding on Tuesday from global investment firm KKR & Co (NYSE: KKR). On Thursday, KKR's co-head of next-generation technology, Jake Heller, explained the rationale behind backing the company amid a very competitive market...
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Portfolio Manager Cole Smead Says Warren Buffett Is Watching Walgreens
Tuesday, November 26, 2019 - 2:25pm | 429Read More...Walgreens Boots Alliance Inc (NASDAQ: WBA) is reportedly evaluating an offer to sell itself to private equity giant KKR, and Warren Buffett could insert himself into the saga, a portfolio manager told CNBC Tuesday. Wall Street analysts and the financial media community are almost unified in...
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A Closer Look At How A Walgreens Buyout Could Play Out
Thursday, November 14, 2019 - 10:20am | 368Read More...Pharmacy retail chain Walgreens Boots Alliance Inc (NASDAQ: WBA) closed Wednesday at a valuation of $55 billion, but it could be worth $85 billion under a leveraged buyout, according to Fox Business. Analyst Models $75-Per-Share Buyout Private equity giant KKR reportedly expressed interest in...
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KKR For Nielsen Report 'Is A False Rumor'
Monday, July 15, 2019 - 10:54am | 320Read More...Shares of Nielsen Holdings PLC (NYSE: NLSN) moved higher by more than 3.6% Monday following a report of buyout interest from KKR & Co Inc (NYSE: KKR). What Happened A report from Intereconomia said private equity firm KKR is looking to buy Nielsen at $30 per share. Reports of a deal at first...
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WebMD Agrees To Sell Itself To KKR At A 20% Premium
Monday, July 24, 2017 - 7:24am | 422Read More...WebMD Health Corp. (NASDAQ: WBMD), a provider of health information services that is mostly known for its online platform webmd.com, and Medscape.com confirmed Monday morning it has agreed to sell itself to the private equity giant KKR for $66.50 per share in cash. The transaction values WebMD at...
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The Concern For Dollar Tree Isn't Amazon, It's Family Dollar
Friday, June 30, 2017 - 7:39am | 505Read More...Bernstein said in a note Thursday the concern regarding Dollar Tree, Inc. (NASDAQ: DLTR) isn't Amazon.com, Inc. (NASDAQ: AMZN) but its own Family Dollar Stores. Like The Dollar Stores Analyst Brandon Fletcher clarified that he generally likes the dollar stores, as he views these stores as...
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Like A Caveman Ogling An iPhone, Harley Eyeing Purchase Of Ducati
Thursday, June 22, 2017 - 11:42am | 447Read More...In what many motorcycle enthusiasts would consider a marriage made in hell, Harley-Davidson Inc (NYSE: HOG) is considering buying Italian motorcycle manufacturer Ducati, the epitome of elegant engineering and sophisticated styling. Harley, which makes loud and comparatively brutish motorcycles, is...
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Strategic Alternative Review Not Enough To Push Nomura Bullish On Pandora
Tuesday, May 9, 2017 - 2:21pm | 337Read More...Pandora Media Inc (NYSE: P) shares are falling after missing first-quarter estimates after the close on Monday, however, the bigger news was surrounding a $150 million investment in the company by KKR. Some believe the investment is part of a move to make the company more attractive for a potential...
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Pandora Pays A Premium For What It Hopes Will Be The Right Strategic Investor
Tuesday, May 9, 2017 - 7:53am | 385Read More...Shares of Pandora Media Inc (NYSE: P) were trading higher by nearly 4 percent early Tuesday morning in reaction to the company's mixed financial results. However, the company's earnings report was accompanied by the announcement of a $150 million investment from the private equity powerhouse KKR...
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Barron's Picks And Pans: Amgen, Barnes & Noble, Expedia And More
Monday, January 9, 2017 - 6:29am | 585Read More...This weekend's Barron's offers the outlook for a private equity giant and a leading online travel booker. The prospects for a biotech giant and a struggling bookseller are also examined. Another featured article offers a look at how Barron's small-cap stock picks for 2016...
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Valuation Details Of KKR's Optiv Acquisition A Good Sign For FireEye
Thursday, December 8, 2016 - 9:19am | 328Read More...Private equity firm KKR announced it has entered into an agreement to acquire Optiv Security Inc., although the financial details of the transaction have yet to be disclosed. In light of the news, D.A. Davidson’s Jack Andrews reiterated a Buy rating on FireEye Inc (NASDAQ: FEYE), with a price...
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Baxter One Of Several Firms Said To Be Exploring An Acquisition Of India-Based Gland Pharma
Friday, April 15, 2016 - 10:12am | 247Read More...According to a report by Reuters, Baxter International Inc (NYSE: BAX) is among one of several players that are eyeing an acquisition of India-based Gland Pharma. Reuters, citing "three people with direct knowledge of the matter," added that Advent International and Indian drugmaker...
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KKR Is Seeking To Sell Its 45% Stake Of GenesisCare
Wednesday, April 6, 2016 - 1:32pm | 177Read More...The Wall Street Journal reported on Wednesday that the private equity firm KKR & Co. L.P. (NYSE: KKR) is exploring the sale of its minority stake of Genesis Care, an Australia-based cancer therapy provider. KKR acquired a 45 percent stake in Genesis Care in 2012. The company recorded sales of...
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Walgreens Announces 58 Million Share Offering As Part Of Alliance Boots Acquisition
Thursday, February 18, 2016 - 9:03am | 211Read More...Shares of Walgreens Boots Alliance Inc (NASDAQ: WBA) were trading lower by around 0.75 percent early Thursday morning after the company announced a stock offering of approximately 58 million shares. Walgreens noted that in connection with its acquisition of Alliance Boots, the company entered...
