kkr

Chesapeake Energy Sells More Assets

So far in 2013, Chesapeake Energy Corp. (NYSE: CHK) has fired its founder and sold off about $3.6 billion more in oil and natural gas assets as the...

Pfizer Sells Capsugel: Will More Asset Sales Follow?

On Monday, Pfizer announced it would sell its Capsugel business to private-equity firm KKR for $2.375 billion. If the hints the drugmaker has been giving lately are true, the move could be the start of two years of major asset sales. Here's what's ahead for the world's biggest pharmaceutical company.

Private-Equity Investors to Buy Del Monte for $4 Billion

Less than a week after reports that Kohlberg Kravis Roberts was in talks to buy Del Monte, the food producer says it is indeed being bought by a group of private-equity investors led by KKR. It joins a crop of other companies that have been taken private this year.

KKR Reportedly Makes Bid for Del Monte

Private equity fund Kohlberg Kravis Roberts & Co. is in talks to buy Del Monte Foods Co., (DLM) Reuters reported. KKR made an offer worth $18.50 a share for Del Monte, Reuters reported without naming its sources. That would value Del Monte, which makes canned food and pet food, at about $3.58 billion.

Private-Equity Firms Ask Alibaba to Join Yahoo Bid

A group of private-equity investors is calling on the CEO of Chinese Internet giant Alibaba Group to throw his support behind a buyout offer for Yahoo, Reuters reports. Alibaba founder Jack Ma is reportedly considering his options regarding the U.S. firm that holds a 40% stake in his company.

Gymboree Hires Goldman Sachs to Auction Itself Off

After seeing interest from potential buyers, children's clothing retailer Gymboree has hired Goldman Sachs to auction itself off, and more private-equity firms have already stepped in to say they want to play. Gymboree executives are reportedly looking for price of $55 to $60 a share.

Billionaire Henry Kravis Gives $100 Million to Columbia Business School

Henry Kravis, billionaire co-founder of private equity outfit KKR, pledged $100 million to Columbia Business School, the largest gift in the institution%u2019s history. Columbia will use the money to help fund the construction of the business school%u2019s new site in New York City%u2019s Manhattanville section, Bloomberg News reported. The business school will name one of its two new buildings for Kravis.

Sara Lee Shares Soar on Reports it Spurned KKR Offer

Food giant Sara Lee saw its shares surge over 18% in premarket trading Monday after the New York Post reported the company turned down a $12 billion buyout offer from private-equity company KKR & Co.), citing unnamed sources.

Car-Buying Guide Kelley Blue Book May Sell Itself

Kelley Blue Book Co., the venerable publisher of car-buying guides, is looking for a buyer itself, according to a report in the Financial Times. Within the past few weeks, the family-owned company has retained JP Morgan to handle the sale process, sources say.

KKR Cancels Planned $500 Million Offering

The private equity giant said late Monday that it would not proceed with a proposed $500 million public offering, citing "unfavorable market conditions." The firm reported weaker second-quarter earnings, which dropped a whopping a 91%.

At Long Last, KKR Begins Trading on the NYSE

Henry Kravis, George Roberts and Jerome Kohlberg started the firm back in 1976 and achieved fame by focusing on -- making hefty profits from -- leveraged buyouts. Today, its business is much broader, and it's making its debut as a publicly traded company.

KKR's Founders Made Only $22 Million in 2009

As private-equity giant KKR moves at last toward completing its own IPO, it is opening up its internal finances to the SEC. One of the more interesting items: How little its two billionaire founders, cousins Henry Kravis and George Roberts, earned from the business last year.

KKR May Invest in Creative Artists Agency

Kohlberg Kravis Roberts is considering a $200 million investment in CAA. Should the deal get done, it would raise the only two questions that matter in Hollywood: who wins and who loses?

KKR Invests in Texas Shale Assets

Private equity powerhouse Kohlberg Kravis Roberts & Co announced it will invest up to $400 million in a joint venture with Houston-based Hilcorp Energy to develop the Eagle Ford Share in South Texas.

Markets Hammer Tenet over Healthscope Talks

A new suitor may be entering the bidding war for Healthscope, the second-largest private hospital chain in Australia: Tenet Healthcare. But going head to head with the private equity giants who have already

KKR Earnings Show It's Primed for Public Offering

Private-equity powerhouse KKR is determined to become publicly traded on U.S. markets, and when its shares are offered on the NYSE, demand should be strong. The company posted its first-quarter results this week, and they showed a firm gaining traction during the economic recovery.

Will KKR Take Harley-Davidson for a Ride?

Speculation that Kohlberg Kravis Roberts and Co. might buy Harley-Davidson is driving share prices up. But will Harley devotees be happy with the changes that might result if the deal goes through?

KKR Pulling the Trigger on a NYSE Listing

Private-equity firm KKR is finally ready to list on the New York Stock Exchange. It's been a long wait: The firm made its IPO filing in July 2007. Its fourth-quarter economic net income came to $515.3 million.

A Healthy Dividend: HCA Pays Out $1.75 Billion

It's been awhile since private-equity firms had news this good to celebrate: Three major firms will split a juicy $1.75 billion dividend from HCA, the largest hospital operator in the U.S., which they took private back in 2006 for $33 billion.

KKR Gets Creative With Private-Equity 'Buildup' Deal

In today's difficult market, private-equity firms are looking for creative ways to invest their clients' money. One way is a buildup: Spot a market opportunity, hire a talented management team, and create a whole new company through acquisitions. KKR has just such a plan.

Private Equity Creates Big Returns, Big Controversy

Now that private equity is no longer producing monster returns, it's time to assess its value. By using debt, buyout shops have taken over struggling companies and enriched investors. But critics say the practice leads to more layoffs and the "flipping" of companies.