KKR

Private Equity Giant to Buy WebMD

Private Equity Giant to Buy WebMD

One of the world’s biggest and the most known private equity firms is buying an online health publisher WebMD Health Corp. The parties announced the deal on Monday evening, stating the deal would be worth around $2.8 billion.   The financials of the deal   Private equity giant KKR will pay $66.50 per share, which is a premium of 20.5% [...]

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Private Equity to Back a Tech Non-Profit

The technology sector offers plenty of lucrative deals for private equity investors. But now one of the biggest private equity firms in the world is showing its support in an unlikely ally: a tech non-profit.   KKR announced on Tuesday it is partnering with Girls Who Code, which is a program aimed at closing the gender gap in the tech [...]

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KKR Raises a Large Americas-Focused Private Equity ...

Private equity firm KKR has raised a $13.9 billion fund. The fund will focus on private equity deals in the US, Canada and Mexico and it is the largest fund to focus on the region. The firm announced the KKR Americas XII Fund on Monday.   The fund’s objectives   KKR is set to invest around $1.4 billion from the [...]

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Private Equity Hopes Remain High for Trump Era

Some of the world’s largest buyout funds have outlined their hopes for favourable taxation under Trump. Executives believe the industry is going to see bullish behaviour in the coming months and hopes the Trump Administration will soon announce the tax reforms.   Trump gave his first speech to Congress on Tuesday. He didn’t reveal a lot of information regarding his [...]

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KKR Grows its Tech Portfolio

Private equity firm KKR continues to grow its tech portfolio. The firm invested $50 million in Cherwell Software to help the software company compete with its rivals. It’s likely the IT company will use the investment in order to make an acquisition to expand its reach.   The software company has made its mark by offering codeless solutions to fix [...]

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PE Giants in Bond Market

Over the last several years, five of the largest private equity firms in the US - Apollo Global Management, The Blackstone Group, The Carlyle Group, Oaktree Capital Management, and KKR have raised USD 8.5 billion in long term debt (30 year bonds) since 2009, according to a new report from Moody's Investors Service.   The trend, which was also recently [...]

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Mega Buyout Speculation for Bayer Unit

One word: plastics. It’s a line from the quirky classic film, The Graduate, but it could also be what the PE firms eyeing a large buyout of Bayer’s MaterialScience unit are saying. The article names Advent, Carlyle, Cinven, CVC and KKR as the buyout funds that are “circling” Bayer's plastics business, valued at more than EUR 10 bn, which the [...]