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KKR on New York Consolidated

27 Feb 2017
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$0.12 (+0.67%)
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Latest Key Developments (Source: Significant Developments)

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

Lonza to acquire Capsugel for $5.5 bln
Thursday, 15 Dec 2016 12:30am EST 

Lonza Group Ag : Lonza to acquire Capsugel to create leading integrated solutions provider to the global pharma and consumer healthcare industries . Says to acquire Capsugel for $5.5 billion . Says transaction is expected to be core EPS accretive in first full year post closing . Says expects to achieve CHF 30 million p.a. operating synergies and CHF 15 million tax synergies per annum by year three . Says intends to retain current dividend policy and maintain about 3x net debt/EBITDA leverage . Says deal includes refinancing of existing Capsugel debt of approximately $2 billion . Says has committed debt financing for full acquisition amount from BofA Merrill lynch and UBS and plans to raise equity . Says financial package foresees refinancing of Lonza's current CHF 700 million revolving credit facility .Says all-cash acquisition of Capsugel will be financed with a combination of debt and equity financing.  Full Article

GfK CEO says squeeze-out is a possible option
Thursday, 8 Dec 2016 07:28am EST 

Gfk Se : GfK CEO says KKR deal has no impact on search for new CEO . GfK CEO says squeeze-out is a possible option Further company coverage: [GFKG.DE] (Frankfurt Newsroom) ((Frankfurt.newsroom@thomsonreuters.com; +49 7565 1272;)).  Full Article

Nissan Motor Co to sell Calsonic Kansei to KKR - Nikkei
Monday, 21 Nov 2016 02:31pm EST 

Nikkei: Nissan Motor Co to sell Calsonic Kansei to KKR - Nikkei . KKR will launch a tender offer to obtain all outstanding shares in Calsonic Kansei for an estimated 400 billion Yen ($3.6 billion) - Nikkei .The deal to sell Calsonic Kansei to KKR will be announced on Tuesday, November 22 - Nikkei.  Full Article

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