German media giant Axel Springer, which owns Germany's popular Bild tabloid and political news company Politico, is considering a split of the company together with private equity group KKR , two sources familiar with the matter told Reuters on Friday.
German billionaire Mathias Döpfner and private equity group KKR are negotiating a break-up of media conglomerate Axel Springer, the Financial Times reported on Thursday, citing four people with knowledge of the matter.
Private equity firm KKR plans to cut its stake in Kokusai Electric , two people familiar with the matter said, cashing in after a blistering run for shares in the Japanese chip equipment maker.
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.