Kkr & Co Inc Stock Price, News & Analysis

KKR has announced an extension of its Second Tender Offer period for FUJI SOFT shares from January 24, 2025, to February 7, 2025. The tender offer price remains unchanged at 9,451 yen per common share. The extension comes amid uncertainty regarding Bain Capital's potential unsolicited tender offer, which they indicated would commence 'in late January or early February 2025.'

The extension aims to provide shareholders with the option to tender into KKR's existing offer if Bain Capital's alternative offer doesn't materialize. KKR notes that Bain Capital's condition requiring KKR's tender offer to be withdrawn is unnecessary, as multiple tender offers can run simultaneously. KKR also raises concerns about Bain Capital's potential breach of confidentiality agreements regarding the use of retained confidential information.

FS KKR Capital Corp. (NYSE: FSK) has scheduled its fourth quarter and full year 2024 earnings release for Wednesday, February 26, 2025, after the NYSE market close. The company will host a conference call and live webcast to discuss the results on Thursday, February 27, 2025, at 9:00 a.m. Eastern Time.

The earnings webcast will be accessible through FSK's website investor relations section and a dedicated URL. Research analysts planning to participate must register in advance or at least 15 minutes before the call's start. An investor presentation will be available on the company's website after market close on February 26, and a replay of the call will be accessible through FSK's website afterward.

KKR (NYSE: KKR) has announced a change in the date of its fourth quarter 2024 earnings conference call and webcast. The event will now take place on Tuesday, February 4, 2025 at 10:00 a.m. ET, moved from the previously scheduled date of Thursday, February 6, 2025.

The conference call will be accessible via phone at (877) 407-0312 for U.S. callers and +1 (201) 389-0899 for non-U.S. callers. The call will also be broadcast live through KKR's website Investor Center section, with a replay available approximately one hour after the broadcast.

KKR has entered into a binding agreement to acquire Dawsongroup, a leading independent asset leasing business. The acquisition, part of KKR's Global Climate strategy, aims to scale net-zero solutions and support Dawsongroup's sustainability-led ambitions. Dawsongroup, headquartered in Milton Keynes, UK, operates across 11 countries with over 1,150 employees, specializing in vehicle and refrigerated box leasing.

The company posted record performance with Group EBITDA of approximately £250m last year. Under KKR's ownership, Dawsongroup plans to expand its markets and accelerate fleet electrification. KKR will implement an employee ownership program, allowing staff to participate in the company's future success. The transaction, pending regulatory approvals, builds on KKR's extensive experience in infrastructure investing, having deployed over $24 billion in UK equity and $21 billion in renewable energy and climate-related investments from its infrastructure platform.

KKR and Gulf Data Hub (GDH) have announced a strategic partnership where KKR-affiliated funds will acquire a stake in GDH, marking one of the largest international investments in a UAE-founded business. The partners have committed to support over $5 billion of total investment to expand GDH's data center capacity across the Gulf region.

GDH, established in 2012, operates seven purpose-built data centers in the UAE and Saudi Arabia, with plans for additional facilities in Kuwait, Qatar, Bahrain, and Oman. The company focuses on meeting hyperscale demand driven by increasing digital connectivity, cloud computing, and artificial intelligence needs.

This represents KKR's first data center investment in the Middle East, adding to their global portfolio of four hyperscale platforms comprising several GW of deployed assets across 100+ facilities. KKR manages $77 billion in infrastructure assets and has invested more than $29 billion across 22 digital infrastructure companies.

KKR has appointed Sir Jeremy Darroch as Executive Advisor to support the firm's European Private Equity investment activities, particularly in the UK and TMT sector. Darroch brings significant experience, having served as Executive Chairman and Group CEO of Sky until 2021, where he transformed the company into Europe's largest multi-platform TV provider and tripled the business size.

During his tenure at Sky, Darroch oversaw the transition to Comcast's ownership following its $40bn acquisition in 2018. He currently serves as Chairman of Reckitt Benckiser Group and Director of The Walt Disney Company. The appointment aligns with KKR's 25-year investment history in the UK and recent closure of its $8 billion European Fund VI, focusing on business growth through KKR's network and resources.

Global Atlantic Financial Group has launched ForeStructured Growth II, an innovative registered index-linked annuity (RILA) designed to balance growth potential with downside protection. The product features over 50 index-linked strategies with buffer and floor protection features, including unique Dual Directional features that can generate positive crediting even in negative markets.

The launch addresses findings from Global Atlantic's 2024 Retirement Outlook Survey, where nearly 70% of investors showed interest in protection against investment loss. The product introduces two innovative crediting strategies: the Dual Directional Trigger and Cap with Buffer Strategy, and the exclusive Dual Directional Yield with Buffer Strategy, which offers quarterly Performance Credits throughout a six-year Strategy Term.

Qventus, an AI-based care automation software provider, announced a $105 million Series D investment led by KKR, with participation from Bessemer Venture Partners and new strategic investors such as Northwestern Medicine, HonorHealth, and Allina Health. This funding aims to expand Qventus' AI Operational Assistants platform across more clinical operations, building on its existing solutions like Surgical Growth and Inpatient Capacity.

Qventus' platform reduces administrative inefficiencies, enhances productivity by up to 50%, and has saved health systems millions of dollars. In the past year, their Inpatient Capacity solution eliminated over 36,000 excess days, and their Surgical Growth solution generated $95 million in annualized contribution margin for 2024. The company also reported a 35% increase in robotic surgeries using its technology.

The investment will help Qventus accelerate the development of new AI solutions, increase team productivity, and expand its global reach. The company recently received a KLAS score of 92.5% and Frost & Sullivan's Best Practices Customer Value Leadership Award for its high ROI solutions.

KKR & Co (NYSE: KKR) has announced it will release its fourth quarter 2024 financial results on Thursday, February 6, 2025, before the NYSE opening. The company will host a conference call at 10:00 a.m. ET on the same day to discuss the results.

Investors can access the call by dialing (877) 407-0312 (U.S.) or +1 (201) 389-0899 (international). The call will also be broadcast live via the Investor Center section of KKR's website, with a replay available approximately one hour after the broadcast.

KKR operates as a global investment firm providing alternative asset management, capital markets, and insurance solutions through its sponsored investment funds in private equity, credit, and real assets. The firm's insurance operations are conducted through Global Atlantic Financial Group.