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State Pension Funds Question KKR on Role in Toys `R' Us Demise

2018-06-25 19:29:04| National Real Estate Investor

The Minnesota State Board of Investment decided last week to temporarily halt future commitments to KKR as it reviews the investment.

Tags: us state question role

 

Unilever sells margarine business to KKR for 6bn

2017-12-15 17:58:07| BBC News | Business | UK Edition

The Anglo-Dutch firm is selling brands including Flora and ProActiv to the private equity giant.

Tags: business sells unilever margarine

 
 

Telefonica sells further 15.2% Telxius to KKR for EUR 484.5 mln

2017-11-14 11:40:00| Telecompaper Headlines

(Telecompaper) Telefonica has announced that private equity firm KKR exercised the previously agreed call option over 38 million shares of its infrastructure subsidiary Telxius (representing 15.2 percent of its share capital) for EUR 484.5 million. As a result of this operation and together with the 24.8 percent stake it acquired last month, KKR will hold 40 percent of Telxius, with Telefonica retaining control.

Tags: eur sells mln telefonica

 

Bain, KKR, Vornado Suffer Wipeout in Toys `R' Us Bankruptcy

2017-09-19 23:12:01| National Real Estate Investor

The three firms and their co-investors sank $1.3 billion of equity into the takeover of the Wayne, New Jersey-based toy company, financing the rest with debt.

Tags: toys bankruptcy suffer bain

 

Vocus ends takeover talks with KKR, as FY profit hit by AUD 1.5 bln impairment

2017-08-21 09:23:00| Telecompaper Headlines

(Telecompaper) All takeover discussions between Australian operator Vocus and KKR have ceased, with the US investment house saying it is unable to come out with terms acceptable to the Vocus board. KKR made a bid in June for the company at AUD 3.50 per share. Vocus then received another takeover offer from private equity group Affinity, in July. Giving its preference to KKR, Vocus provided the investment firm with the opportunity to conduct due diligence on a non-exclusive basis but the parties were unable to reach a mutually acceptable deal.

Tags: hit profit ends talks

 

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