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KKR & Co LP (KKR.N)

KKR.N on New York Stock Exchange

18.22USD
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Change (% chg)

$0.29 (+1.62%)
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$17.93
Open
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$18.33
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Volume
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$18.50
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Latest Key Developments (Source: Significant Developments)

Onex to sell USI Insurance Services for $4.3 billion
Friday, 17 Mar 2017 07:30am EDT 

Onex Corp : Onex to sell usi insurance services for $4.3 billion . Co and affiliates agreed to sell usi insurance services to an affiliate of kkr & co. l.p. And cdpq . Onex corp says onex' portion of sale proceeds will be approximately $563 million, including carried interest of $65 million .Onex - upon completion of deal , onex group will have received proceeds of approximately $2.1 billion, including a prior distribution of $181 million in 2015.  Full Article

KKR nears deal to buy insurance broker USI for about $2 bln - WSJ, citing sources
Thursday, 16 Mar 2017 04:30pm EDT 

:KKR nears deal to buy insurance broker USI for about $2 billion - WSJ, citing sources.  Full Article

Carlyle, CVC, KKR among bidders for Onex's USI Insurance - Bloomberg, citing sources
Tuesday, 28 Feb 2017 04:41pm EST 

: Carlyle, CVC, KKR said among bidders for Onex's USI Insurance ; initial offers value the company at $4 billion - Bloomberg, citing sources Source : http://bloom.bg/2m4sP0M Further company coverage: [CG.O] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

KKR invests in China's Gambol pet group
Monday, 27 Feb 2017 04:55am EST 

Kkr & Co Lp : KKR invests in China's Gambol pet group . Says KKR makes its investment from its China growth fund. Further details of transaction are not disclosed Further company coverage: [KKR.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Telefonica says may launch Telxius listing at any time
Thursday, 23 Feb 2017 04:19am EST 

Spain's Telefonica : Says it could launch a market listing of radio mast unit Telxius at anytime but has made no commitment on a potential stock flotation to stake-holder KKR . Says the company is closely monitoring any potential purchase opportunities in Mexican market . Chairman Jose Maria Alvarez-Pallete says: "We are very interested in any consolidation or transformation moves in the Mexican market and believe that we have room to play in Mexico, organically or inorganically, if something arises." .Says still preparing a listing, or partial listing, of British subsidiary O2.  Full Article

KKR to acquire Travelopia from TUI
Monday, 13 Feb 2017 04:02pm EST 

Kkr & Co Lp : KKR to acquire Travelopia from TUI .KKR & Co LP - agreed to acquire Travelopia from TUI AG.  Full Article

KKR & Co reports AUM of $129.6 bln as of Dec. 31, 2016
Thursday, 9 Feb 2017 06:00am EST 

Kkr & Co Lp : KKR & Co. L.P. reports fourth quarter and full year 2016 results . KKR & Co Lp- AUM was $129.6 billion as of December 31, 2016, a decrease of $1.5 billion, compared to AUM of $131.1 billion as of September 30, 2016. . Reports qtrly net income per common unit was $0.35 . Says book value was $12.15 per outstanding adjusted unit as of December 31, 2016 . KKR & Co Lp - qtrly total segment revenues were $664.4 million compared to $487.6 million for the quarter ended December 31, 2015 . Q4 earnings per share view $0.43, revenue view $269.8 million -- Thomson Reuters I/B/E/S . KKR & Co Lp - intends to increase qtrly distribution to holders of common units from $0.16 to $0.17/common unit/quarter . KKR & Co Lp- an incremental $250 million has been authorized to repurchase common units in the current quarter .KKR & Co Lp - intends to begin increasing qtrly distribution beginning with results for quarter ending March 31, 2017.  Full Article

KKR releases 2017 global macro outlook
Wednesday, 11 Jan 2017 07:00am EST 

Kkr & Co Lp : KKR releases 2017 global macro outlook . "as we look ahead into 2017, we think that we are at a major inflection point across global capital markets." . Private equity firm KKR in global macro outlook-"we think that we are at a major inflection point across global capital markets" looking ahead to 2017 . "we view Donald Trump's ascendancy to presidency of U.S. as confirmation of a political and economic paradigm shift that started with brexit" . Political and economic paradigm shift is likely to continue for foreseeable future, including elections across Europe in 2017 .Macroeconomic backdrop will likely be shifting from disinflationary, slower growth environment towards reflationary-directed one.  Full Article

GfK sees significant decline in 2016 profitability
Friday, 30 Dec 2016 07:56am EST 

GfK SE : Says no indications of an amelioration of challenging competitive market in consumer experiences, ongoing start-up difficulties in the consumer choices sector in Q4 . Adjusted operating income margin to significantly decline in 2016 . Assumes that also 2017 will be impacted by a tough competitive environment . Says management, supervisory boards recommend shareholders accept offer from KKR .Price of 43.50 eur per share offered by KKR is adequate.  Full Article

Offer period for GfK to run from Dec 21 to Feb 10, 2017
Wednesday, 21 Dec 2016 06:13am EST 

: KKR says offer for GfK to run from Dec 21 to Feb 10, 2017 Further company coverage: [GFKG.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

More From Around the Web

KKR, Canada's Caisse to buy U.S. insurance broker USI

Private equity firm KKR & Co LP and Canadian pension fund Caisse de dépôt et placement du Québec announced plans on Friday to buy USI Insurance Services from Onex Corp for $4.3 billion, including debt.