Kkr & Co Inc Stock Price, News & Analysis

KKR Income Opportunities Fund (NYSE: KIO) will hold an investor update call on November 10th, 2021, at 3:30 PM ET. Hosted by Terry Ing and Aaron Dalrymple, the call will provide updates on market conditions and the Fund's third quarter portfolio. Investors can access the call at 866-519-2796 with passcode 630243, and a replay will be available on the Fund's website post-call. The Fund seeks high current income and capital appreciation through diversified investments in secured and unsecured loans and high-yield corporate debt.

KKR, a global investment firm, has signed a definitive agreement to acquire Bettcher Industries, a supplier of food processing equipment, from MPE Partners. The acquisition aims to enhance Bettcher's growth in the food processing sector, focusing on innovative products that improve yield and worker safety. KKR plans to continue Bettcher's legacy of employee ownership through a new employee engagement program. This investment represents KKR's commitment to the shared ownership movement and is part of its strategy to expand within essential sectors of the global economy.

KKR & Co. Inc. (NYSE: KKR) announced its third quarter 2021 financial results today, with details accessible via their Investor Center. A conference call to discuss these results is scheduled for November 2, 2021, at 10:00 a.m. ET, available to both U.S. and international callers. KKR is a prominent global investment firm focusing on alternative asset management and insurance solutions, striving for attractive investment returns through disciplined investment approaches.

Galaxy Universal has announced its acquisition of the And1, Avia, Gaiam, and SPRI brands from Sequential Brands Group for approximately $330 million. This strategic move aims to enhance Galaxy's vertical integration, enabling efficient management of marketing, design, sales, sourcing, and manufacturing. The acquisition is expected to close by mid-November 2021, pending customary closing conditions. KKR is providing debt financing and co-investing in the deal, reflecting confidence in Galaxy's growth strategy.

KKR Real Estate Select Trust Inc. has acquired The Beach House Apartments in Jacksonville, Florida, collaborating with RPM Living. This is KREST's first multifamily investment, aiming to enhance income-oriented private real estate investments. The 228-unit property, situated near the beach, features luxury interiors and modern amenities. KKR continues to expand in the fast-growing Sunbelt region, with real estate assets under management totaling approximately $33 billion across key global markets.

KKR & Co. Inc. (NYSE: KKR) announced that Pete Stavros, Partner and Co-Head of Americas Private Equity, will present at the BofA 2021 Banking and Financials Conference on November 10, 2021, at 1:40 PM ET. Interested parties can access a live webcast of the presentation on KKR’s Investor Center. A replay will be available shortly after the event. For inquiries, KKR’s Investor Relations team can be contacted at investor-relations@kkr.com.

KKR Income Opportunities Fund (NYSE: KIO) announced monthly distributions of $0.105 per common share, reflecting an annualized distribution rate of 6.30% based on its IPO price of $20.00 and 7.60% based on the current share price of $16.57 as of October 21, 2021. The distribution schedule for the months of November, December, and January includes key dates for ex-dividend, record, and payable events. The Fund cautions that the distributions may not solely consist of net investment income and urges investors to consider its investment objectives and risks carefully.

KKR & Co. Inc. (NYSE: KKR) will announce its third quarter 2021 financial results on November 2, 2021, before the market opens. A conference call is scheduled for the same day at 10:00 a.m. ET, which can be accessed via phone or streamed live online. KKR is a global investment firm focused on alternative asset management, private equity, credit, and insurance solutions. Further details on the financial results will be available during the call.

KKR, alongside Dundee Partners, has acquired the KMR Music Royalties II portfolio from Kobalt Capital for approximately $1.1 billion. This portfolio includes over 62,000 copyrights from renowned artists across various genres. Kobalt Music Publishing will continue to manage these rights under a multi-year agreement. KKR aims to expand its music rights portfolio through this acquisition, promoting investment in artist-centric businesses while enhancing the global reach of the music.