Private-equity firm KKR buys affiliated debt company for $2.6 billion

Private-equity firm KKR buys affiliated debt company for $2.6 billion

Dec. 17 (UPI) -- Private-equity firm KKR buys publicly-traded sister company KFN for $2.6 billion amid the creation of a $1.5 billion real estate fund.
Sonali Basak

Del Monte to sell consumer products and focus on pet foods

SAN FRANCISCO, Oct. 11 (UPI) -- Del Monte Foods said it would sell its canned food operation to a foreign relative, Del Monte Pacific, for $1.68 billion.

Finding deals in Europe

DUBLIN, Ireland, Dec. 26 (UPI) -- Investment analysts say the time to pounce on deals in Europe is now, while financial firms are shedding assets.
Bargain basement

Bargain basement

Investing is never too far from the image of vultures circling a battlefield, where the dead and dying are helplessly available.
ANTHONY HALL, United Press International

Private equities face capital backlog

NEW YORK, June 24 (UPI) -- U.S. private equity firms have built up -- with time running short on spending it -- unprecedented amounts of capital, an industry research firm said.

Safeway seen buyout target

CHICAGO, Feb. 22 (UPI) -- The managing director of Egan-Jones Ratings Co. says the entire Safeway grocery store chain could be bought, it was reported Friday.

Getty Images advertises sale

SEATTLE, Jan. 21 (UPI) -- Getty Images of Seattle, a huge supplier of photo and video images, has enlisted Goldman Sachs to promote its sale now that market competition has stiffened.

Harman audio buyout collapses

WASHINGTON, Sept. 22 (UPI) -- The collapse of an $8 billion buyout of Harman International Industries could set a precedent for other private-equity firms to bail out of deals, analysts said.

Tax debate focuses on Wall Street pay outs

WASHINGTON, July 21 (UPI) -- The tax rate paid by billionaires is fueling a Wall Street-versus-Washington dispute over fairness in the U.S. economy, it was reported Saturday.

Report: Kohlberg may bid $24B for Macy's

NEW YORK, July 18 (UPI) -- U.S. private-equity firm Kohlberg Kravis & Roberts Co. is readying a $24 billion bid for Macy's Inc., a published report said Wednesday.

KKR buyout firm files for IPO

NEW YORK, July 3 (UPI) -- U.S. private-equity firm Kohlberg Kravis Roberts & Co. said Tuesday it filed with regulators to raise $1.25 billion in an initial public offering.

The Carlyle Group may buy Virgin Media

LONDON, July 1 (UPI) -- The Carlyle Group, a U.S. investment firm, is in talks to buy the British cable company Virgin Media, The New York Times reported.

Telus pulls bid for Bell Canada

BURNABY, British Columbia, June 27 (UPI) -- The chance for a national telecommunications giant in Canada faded when Telus Corp. backed away from its bid to acquire rival Bell Canada Inc.

Niche software maker said in buyout talks

SAN JOSE, Calif., June 4 (UPI) -- Software maker Cadence Design Systems Inc. is talking with a least two U.S. private-equity firms about selling the company, a published report said Monday.

Ahold sells U.S. Foodservice for $7.1B

AMSTERDAM, Netherlands, May 2 (UPI) -- Dutch retail giant Ahold NV said Wednesday it would sell its U.S. Foodservice division to British and U.S. private-equity firms for $7.1 billion.
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Kohlberg Kravis Roberts & Co. (commonly referred to as KKR) is a New York City based private equity firm that sponsors and manages investment funds, focusing primarily on leveraged buyouts of mature businesses. Since inception, the firm has completed over $400 billion of private equity transactions and was one of the pioneers of the leveraged buyout industry. In March 2010, KKR filed to list its shares on the New York Stock Exchange.

The firm was founded in 1976 by Jerome Kohlberg, Jr., and cousins Henry Kravis and George R. Roberts, all of whom had previously worked together at Bear Stearns, where they completed some of the earliest leveraged buyout transactions. Since its founding, KKR has completed a number of landmark transactions including the 1989 leveraged buyout of RJR Nabisco, which was the largest buyout in history to that point, as well as the 2007 buyout of TXU, which is currently the largest buyout completed to date . KKR has completed investments in over 160 companies since 1977, completing at least one investment in every year except 1982 and 1990.

KKR is headquartered in New York City with thirteen additional offices in the US, Europe and Asia . In October 2009, KKR listed shares in the company, through KKR & Co. an affiliate that holds 30% of the firm's ownership equity, with the remainder held by the firm's partners.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Kohlberg Kravis Roberts."
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