Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

KKR Buyout Spree Hits a Snag

Traditional investors tapped out; equity firm looking elsewhere

By Dustin Lushing, Newser Staff

Posted Jun 12, 2007 4:31 PM CDT

(Newser) – Buyout giant KKR's $26B acquisition of electronic payment processor First Data Corp is not going smoothly, reports the Wall Street Journal. Once enthusiastic investors are shying away from private equity deals as interest rates steepen. "We have enough exposure to KKR already," said... Read full story »

COMMENTS

Read the comment policy

You need to Log in to Newser to comment. Don't have an account yet? Sign up now!

There are no comments

A snapshot of the day's best news stories.

View Larger Grid

All Today Yesterday Pick a Date

What's Popular Now on Facebook

Cops Shoot Naked Guy Eating Man's Face on Highway

Japanese Artist Serves Up Own Cooked Genitals

Wall Street Journal (Source Grid »)

KKR's homepage
Kohlberg Kravis Roberts

investing • private equity • Kohlberg Kravis Roberts • KKR • First Data Corp. • Henry Kravis • acquisition • hedge fund • buyout

More Newser Stories

$24B Buyout Buzz Boosts Macy's Shares

KKR and Goldman considering offer

(NEWSER) - Shares in Macy's soared amid reports of a pending $24-billion buyout plan by KKR and Goldman Sachs, reports Bloomberg. Stock rose $3.06—7.6%—to $43.09 after Women's Wear Daily reported the news. The Wall Street firms would pay $52 a share—a 30% premium on Wednesday's close, according to the report. More»

Markets Drop as KKR Unit Delays Payment

Concern about liquidity in the US has investors selling off in Asia

(NEWSER) - Asian stocks slumped today after reports in the Financial Times that a struggling arm of private equity heavyweight Kohlberg Kravis Roberts. missed a second payment on billions of dollars of commercial debt just 6 months after two of its founders poured $270 million into the company. Investors cashed out as fears of a global credit meltdown flared, reports the Wall Street Journal. More»

KKR Prepares for Test of Credit Markets

Fate of pending deals may foretell future of private equity

(NEWSER) - Kolhberg Kravis Roberts is pushing forward with some of the biggest deals in US history, but the iconic buyout firm finds itself under unprecedented scrutiny. Analysts say the huge deals KKR has pending will be a test of the struggling credit markets, the Washington Post reports: If they don't go through, the age of private equity may be over. More»

KKR Dominates in '07 Buyouts

With 44% of this year's private equity deals, is firm spending too much too fast?

(NEWSER) - Private equity powerhouse KKR has been on a monumental spending spree this year, closing more than $120 billion in deals to date in 2007—more than twice its closest rival. Now the Financial Times wonders whether the veteran PE firm it may be hitting the market too forcefully. More»

Credit Jitters May Put KKR Offering on Ice

Private equity firm denies reports its IPO will be delayed

(NEWSER) - The Times of London claims that buyout firm KKR has postponed plans for a $1.25B float and a public listing because of the fallout from turbulent credit markets. The company had planned its IPO this September but has reportedly pulled back due to waning investor confidence following the subprime collapse. KKR, however, claims that the IPO is continuing full steam ahead. More»

NEWS FROM OUR PARTNERS

What is Newser?

Face it: there's too much news. At Newser, we choose the most thought-provoking and entertaining stories from hundreds of US and international sources and reduce them to a headline, picture, and two paragraphs. And we do it 24/7—you can come back morning, noon, night (and in between) for something new that matters. Read less, know more.

Learn more »

Partnering with: Slate

View Newser on the mobile website

KKR Buyout Spree Hits a Snag

Traditional investors tapped out; equity firm looking elsewhere

investing • private equity • Kohlberg Kravis Roberts • KKR • First Data Corp. • Henry Kravis • acquisition • hedge fund • buyout

MOST POPULAR STORIES

[ By Views ]

[ By Comments ]

More Newser Stories

$24B Buyout Buzz Boosts Macy's Shares

KKR and Goldman considering offer

Markets Drop as KKR Unit Delays Payment

Concern about liquidity in the US has investors selling off in Asia

KKR Prepares for Test of Credit Markets

Fate of pending deals may foretell future of private equity

KKR Dominates in '07 Buyouts

With 44% of this year's private equity deals, is firm spending too much too fast?

Credit Jitters May Put KKR Offering on Ice

Private equity firm denies reports its IPO will be delayed

About Us

Site

Community

Site Maps

Tools

More News

What is Newser?