Macquarie Infrastructure Corporation Announces Agreement to Sell Atlantic Aviation to KKR for $4.475 Billion
Macquarie Infrastructure Corporation (NYSE: MIC) and KKR today announced the signing of a definitive agreement for MIC to sell its Atlantic Aviation business to KKR for $4.475 billion in cash and assumed debt and reorganization obligations. Atlantic Aviation operates one of the largest networks of fixed base operations (FBOs) in the U.S. providing a full […]
KKR invests $95m in Lenskart
Global investment firm KKR is to invest $95 million in Lenskart, an omni-channel eyewear retailer in India, via a secondary stake acquisition. Upon the completion of the transaction, KKR will look to leverage its experience working with leading technology and eyewear companies globally to support Lenskart in expanding its presence in India, scaling its growing […]
KKR, TIGA to buy flexible office space company TEC
KKR and TIGA Investments have agreed to buy The Executive Centre (TEC), a provider of premium flexible office space solutions in Asia-Pacific and the Middle East. TEC pulled a sale process, reportedly seeking up to US$750m (€) for the business, in September 2019 because offers then not up to its expectation at a time when Hong […]
John Laing agrees £2bn takeover deal
John Laing is set to be snapped up by private equity giant KKR in a £2 billion takeover deal. Under the terms of the bid, which has been accepted by John Laing’s board of directors, shareholders will receive 403p per share in cash, a premium of 27 per cent to the closing price on May 5, the […]
KKR Adds Dinesh Paliwal As Partner In Global Private Equity Business
KKR has appointed Dinesh Paliwal, former Chief Executive Officer of HARMAN International, as a new Partner in KKR’s global private equity business. Paliwal will support the firm in identifying global investment opportunities in the industrial, consumer and automotive sectors, as well as supporting KKR portfolio companies and their leadership teams in executing their operational and […]
KKR raised a record $44B in 2020
In 2020, KKR & Co. Inc.’s global fundraising increased 72% year over year to reach a firm record of $44 billion, with Asia strategies the driver, representing about 40%, or $17 billion, of the total. Scott Nuttall, co-president, co-COO and director, explained on an earnings call Feb. 9 that Asia emerged from the pandemic more […]
KKR deploys record US$12.5 billion as firm ramped up dealmaking
KKR & Co. deployed a record US$12.5 billion in the fourth quarter, finding buying opportunities in the market turbulence of the COVID-19 pandemic. New York-based KKR also had a record fundraising for the year, taking in about US$44 billion, according to a statement Monday. KKR “had the most active fundraising and deployment year in our […]
Food delivery platform Wolt raises $500m from global investor group
The Finnish company will announce investment from KKR and Tiger Global as soon as Tuesday, Sky News understands. Another of Europe’s food delivery giants is raising hundreds of millions of pounds to fund its expansion, underlining the frenzy of global investor interest which has gripped the sector. Sky News has learnt that Wolt, a Finnish […]
Germany to Buy 25% Hensoldt Stake From KKR, Reuters Reports
The German government will buy a 25.1% stake in defense supplier Hensoldt AG from KKR & Co. for 464 million euros ($562 million), Reuters reported Saturday, citing people familiar with the matter. The purchase is intended to prevent a foreign buyer from taking control of Hensoldt, according to the report. KKR retained a stake of more than […]
