KKR has completed its largest-ever purchase of apartment buildings, the latest in a string of big-ticket deals, signaling that some of the most prominent investment firms are betting on a broad rebound for multifamily housing.
Telecom Italia (TIM) will finalise on July 1 the landmark sale of its fixed-line domestic access network to U.S. fund KKR , a deal that makes it the first phone incumbent in a major European country to part ways with its landline grid.
A consortium of U.S. investment firm KKR and Singapore Telecommunications will invest S$1.75 billion ($1.3 billion) in ST Telemedia Global Data Centres, one of Asia's biggest data centre providers, the parties said on Tuesday.
U.S. rental vacancies are at their lowest levels in 40 years, says a KKR report, while household formation is outrunning the construction of new rental units.
KKR & Co has agreed to buy a "significant" minority stake in Quick Quack Car Wash, the investment firm told Reuters on Tuesday and sources familiar with the deal said KKR would pay $850 million.
One index actually has money run against it.
KKR, CrowdStrike (CRWD) and GoDaddy (GDDY) will be added to the S&P 500 Index prior to the start of trading on Jun 24.
KKR (NYSE: KKR ) stock is up on Monday as investors prepare for the company to be added to the S&P 500 later this month. The S&P 500 is set to undergo its quarterly rebalance on June 21.
Shares of private equity firm KKR (KKR), cybersecurity company CrowdStrike Holdings (CRWD), and domain registrar GoDaddy (GDDY) advanced Monday on word they would be added to the S&P 500.
KKR's earnings grew by more than 20% in the first quarter. The company secured several new partnerships last month.
A coalition of investors, led by private-equity firms KKR and Global Infrastructure Partners, as well as the Indo-Pacific Partnership for Prosperity, has pledged to invest $25 billion in infrastructure in the Indo-Pacific region.
KKR & Co. (KKR) intends to enter Japan's private credit market in order to boost its presence and expand its offerings. This aligns with the company's organic growth strategy.