Primary Health Properties PLC (LSE:PHP, OTC:PHPRF) has launched a rival bid for Assura Group (LSE:AGR), which has already backed a possible offer from a US consortium made up of KKR and Stonepeak Partners. Intriguinly, PHP has not looked to beat the KKR-led £1.6 billion offer for its fellow healthcare property peer, which was priced at 49.4p per share.
U.S. fund KKR , the main shareholder in Italian fibre optic grid operator FiberCop, is analysing a possible tie-up with Italy's Open Fiber as part of a broader government plan to create a single broadband network, KKR Partner Alberto Signori said at conference in Milan on Tuesday.
Thames Water Utilities has chosen KKR as its "preferred partner", moving into a new stage of talks where the US private equity giant could buy a majority stake. The UK's largest water company said it hoped to agree terms for a share sale by the end of June, enabling it to raise rescue funds by the end of the year.
The debt-laden water utility selected U.S. private equity company KKR as its preferred partner to lead its recapitalization.
Private equity firm KKR is nearing a deal to acquire Japanese medical gear maker Topcon , according to people familiar with the matter, marking the latest sign of increased leveraged buyout activity in Japan.
FS KKR Capital Corp's credit quality has improved, but lingering borrower issues and economic uncertainty prompt a downgrade from buy to hold. Despite a 13% yield, FSK's non-accruals remain high, and a potential recession could further impact their financial stability and dividend safety. FSK's net asset value has declined significantly, and their dividend could be at risk if economic conditions worsen.
Trailing dividend of $1.00 or 9.06%. Improvements in commercial real estate are creating portfolio stabilization at KREF (100% of loans performing as of Feb 2025). Management targeting portfolio growth.
KKR & Co. Inc. has issued a 6.25% Series D Mandatory Convertible Preferred Stock, trading at $49.36 with a Yield to Maturity of 6.98%. The new preferred stock is not rated by S&P, Moody's, or Fitch, and will convert based on KKR's average stock price before March 1, 2028. KKR-D is expected to align closely with KKR's common stock price, offering potential arbitrage opportunities when deviating.
A consortium including KKR and Warburg Pincus has submitted a non-binding bid for Gerresheimer AG , which makes pens used to inject weight loss drugs like Wegovy, two people with knowledge of the matter said.
FS KKR Capital offers high dividend income and upside revaluation potential, trading at only a slight premium to its 3-year average P/NAV ratio. I rate FS KKR Capital a strong buy due to its potential to move towards healthier balance sheet quality and lower its non-accrual percentage. FS KKR Capital under-earned its regular dividend with NII in the last quarter as its non-accrual percentage increased slightly Q/Q.
A consortium consisting of Warburg Pincus and KKR are in talks to acquire German medical packaging maker Gerresheimer AG , Bloomberg News reported on Wednesday citing people familiar with the matter.
Bryn Talkington, Managing Partner of Requisite Capital Management, joins CNBC's "Halftime Report" to explain why she's buying these stocks after they've fallen so far.