Welcome to our dedicated page for Kkr & news (Ticker: KKR), a resource for investors and traders seeking the latest updates and insights on Kkr & stock.
KKR & Co. Inc. reports developments across its global investment business, including alternative asset management, capital markets activity and insurance solutions. Company news commonly covers operating results, fund and strategy activity, portfolio investments, co-investment vehicles, debt financing, and capital-structure updates.
KKR sponsors investment funds in private equity, credit and real assets, works with strategic partners that manage hedge fund platforms, and operates insurance subsidiaries that offer retirement, life and reinsurance products through Global Atlantic Financial Group. Recent company updates also reflect activity in technology growth, sports, sustainable infrastructure and insurance-related platforms.
Topcon has announced a management buyout (MBO) led by CEO Takashi Eto, with investment from KKR and JIC Capital (JICC). The tender offer price is set at JPY 3,300 per share, representing a premium of 99.5% over the 12-month average and 105.2% over the 6-month average closing price up to December 9, 2024.
KKR will hold a majority stake through its Asian Fund IV, while JICC will maintain voting rights through its investment partnerships. The strategic partnership aims to transform Topcon into "New Topcon 2.0," focusing on evolving its eye care business from hardware to solutions and strengthening its positioning business. The privatization will enable more agile decision-making and bold, long-term investments.
The tender offer is expected to commence around July 2025, subject to regulatory approvals. The current management team will continue to operate the company, leveraging KKR's global network and JICC's public-private expertise to accelerate international expansion.
KKR, a leading global investment firm, has announced a significant development in its acquisition of FUJI SOFT (TSE: 9749). The firm has entered into a Memorandum of Understanding (MoU) with FUJI SOFT's founding family on March 24, 2025, to take the company private through a complete acquisition.
The agreement involves FK Co., (owned by KKR-managed funds) implementing a share consolidation process that will result in FK and NFC becoming FUJI SOFT's sole shareholders. The privatization plan includes a Squeeze-out procedure, which will be voted on at an Extraordinary General Meeting of Shareholders scheduled for April 25, 2025.
Following the First and Second Tender Offers for FUJI SOFT's common shares and share options, the final phase involves a Share Repurchase planned for early June 2025, through which FK will acquire NFC's shares, ultimately achieving 100% ownership of FUJI SOFT.
KKR has reported strong monetization activity for Q1 2025 (January 1 to March 24), with total realized performance income and investment income exceeding $475 million. This represents a 15% increase compared to Q1 2024 reported monetizations.
The quarter-to-date monetization breakdown consists of approximately 60% realized performance income and 40% realized investment income. These results were achieved through a combination of public secondary sales, strategic transactions, dividends, and interest income.
KKR Income Opportunities Fund (NYSE: KIO) has declared monthly distributions of $0.1215 per common share for April, May, and June 2025. Based on the Fund's current share price of $12.16 (as of March 17, 2025), this represents an annualized distribution rate of 11.99%.
The Fund, managed by KKR Credit Advisors, is a diversified, closed-end management investment company focusing on first- and second-lien secured loans, unsecured loans, and high yield corporate debt instruments. Its primary objective is achieving high current income, with capital appreciation as a secondary goal.
Investors should note that distribution rates may be affected by various factors, and portions of distributions might be treated as paid from sources other than net investment income, including capital gains or return of capital.
KKR (NYSE: KKR) has announced the appointment of Timothy R. Barakett to its Board of Directors, effective March 13, 2025. This appointment increases the number of independent directors to ten out of fourteen total Board seats.
Barakett is the Founder and CEO of TRB Advisors, a private investment firm and family office. He previously founded and led Atticus Capital, a global investment management firm. He currently serves as Treasurer of Harvard University, Fellow of the Harvard , and Chair of the Board of the Harvard Management Company. His board positions include Athletic Brewing Company, Rethink Food NYC, and advisory roles at Commodore Capital, Forward Consumer Partners, and Charter Oak Advisors.
Darwinbox, a global HR technology platform, has secured a $140 million investment co-led by Partners Group and KKR, with participation from Gravity Holdings. Founded in 2015, Darwinbox serves over 1,000 enterprises worldwide with its mobile-first and AI-enabled human capital management platform.
The company has achieved significant international expansion, with a fivefold growth in revenue in international markets over the last two years, with over 60% of new revenue coming from these markets. Darwinbox operates across Asia Pacific, the Middle East, the UK, and the US, serving over 3 million employees from brands including Starbucks, Nivea, AXA, and Cigna.
In 2024, Darwinbox was recognized as a Challenger in the Gartner Magic Quadrant for Cloud HCM Suites, becoming the youngest and only Asian company to receive this recognition. The investment will support Darwinbox's technology leadership and accelerate its international expansion plans.
KKR has announced the sale of Seiyu, a major Japanese supermarket chain, to Trial Holdings. KKR, which currently holds an 85% stake (65% acquired from Walmart in 2021 and 20% from Rakuten in 2023), will exit alongside Walmart, which will sell its remaining 15% stake.
Under KKR's ownership, Seiyu underwent significant transformations including:
- Enhanced product quality and selection, particularly in fresh produce and in-house brands
- Implementation of technological solutions like self-checkout and automatic restocking systems
- Transformation from a General Merchandise Store to a supermarket format
- Digital infrastructure modernization
The transaction, made from KKR's Asian Fund IV, is expected to close in Q2 2025, subject to regulatory approvals.
KKR (NYSE: KKR) has successfully priced its upsized offering of 6.25% Series D Mandatory Convertible Preferred Stock at $2.25 billion, representing 45 million shares at $50.00 per share. This marks a significant increase from the initially announced $1.50 billion offering.
The offering, expected to close on March 7, 2025, will generate net proceeds of approximately $2.20 billion, potentially reaching $2.53 billion if underwriters exercise their over-allotment option. The funds will be used for acquiring additional equity interests in core private equity portfolio companies within KKR's Strategic Holdings segment.
Each preferred stock share will automatically convert to common stock on March 1, 2028, with a conversion rate between 0.3312 and 0.4140 shares. Dividends will be paid quarterly at a 6.25% annual rate, starting June 1, 2025. The preferred stock will be listed on NYSE under the symbol 'KKR PR D'.
KKR (NYSE: KKR) has announced a $1.5 billion offering of Series D Mandatory Convertible Preferred Stock, consisting of 30 million shares at $50.00 per share liquidation preference. The company is also granting underwriters a 30-day option for an additional $225 million (4.5 million shares) to cover potential over-allotments.
The proceeds will be used to acquire additional equity interests in core private equity portfolio companies within KKR's Strategic Holdings segment and for general corporate purposes. The preferred stock will automatically convert into a variable number of common stock shares around March 1, 2028, unless converted earlier by holders.
Morgan Stanley & Co. and KKR Capital Markets are serving as joint book-running managers for the offering, which is being conducted through an effective shelf registration statement filed with the SEC.
Ajax Health, backed by KKR, has announced the formation of FlowMod, a new collaboration with Boston Scientific to develop a heart failure treatment system. The initiative aims to accelerate development, clinical validation, and regulatory approval for treating a condition affecting 64 million people worldwide.
FlowMod will be led by CEO Dr. Philippe Marco, former President and COO of Epix Therapeutics and CV Ingenuity. The venture is supported by KKR's Health Care Strategic Growth Fund II, a $4.0 billion fund focused on high-growth healthcare companies. The platform will utilize intellectual property developed by Boston Scientific to create a differentiated solution for physicians and patients in heart failure treatment.