Posts tagged: KKR

Betaville Intelligence

RARE ALERT: Acadia Healthcare said to ... - Part 14

Wednesday, 30 December 2020, 7:12 pm

It took fourteen stories but Betaville got there in the end.

Yes, Acadia Healthcare, the US-listed healthcare firm, has finally confirmed the Betaville Intelligence series of articles about the sale of the Priory, including the last installment about Waterland and Median Kliniken's interest in purchasing the rehabilitation centre well known for treating celebrities, such as Kate Moss...

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KKR snaps up 5pc stake in Great Portland Estates

Monday, 28 September 2020, 7:36 am

It would appear KKR's acquistion of a 5.3pc stake in London landlord Great Portland Estates went unnoticed on Friday afternoon following all the excitement around William Hill.

Clearly, the big buyout firms can sense now is a time to snap up bargains even if that does just involve paying £74 million for a (relatively) small stake in a London landlord...

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REVEALED: KKR said to be vying with Carlyle to buy Dr Martens for over £300 million - sources

Thursday, 5 March 2020, 9:32 pm

KKR, the US-listed private equity giant, has emerged as a surprise frontrunner to buy Dr Martens for over £300 million.

Sources familiar with the matter said KKR - the former owner of pharmacy giant Boots that was immortalised in the bestselling book Barbarians At The Gate - is vying with Carlyle, another Wall Street buy-out firm, to buy Dr Martens from Permira, a European investment firm...

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Betaville Intelligence

UNCOOKED ALERT: KKR & Co said to ... - Part 3

Tuesday, 11 February 2020, 3:57 pm

So KKR decided to finally make a statement regarding FTSE 100-listed NMC Health. I have pasted it below:

"Kohlberg Kravis Roberts & Co. L.P. ("KKR") notes the announcement yesterday by NMC stating that it has received an approach from KKR regarding a possible offer for NMC.

KKR confirms that it has not made a proposal nor discussed with NMC the terms of any possible offer, and that it does not intend to make an offer for NMC."..

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Betaville Intelligence

UNCOOKED ALERT: KKR & Co said to ...

Friday, 7 February 2020, 8:43 am

KKR, the US-listed private equity investor, is said to be the buy-out firm that has most recently held talks with the NMC Health about purchasing all of the company.

People following the situation said senior financiers at KKR held discussions about a buy-out deal for the whole group with senior executives at NMC Health, the London-listed gulf hospitals operator, in the last two weeks...

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Tags: KKR

Tchenguiz buys 9pc of Urban Exposure PLC - Part 3

Monday, 11 November 2019, 7:04 pm

The frothiness continues unabated with KKR coming forward to submit a formal takover proposal for Walgreens Boots Alliance. Click on the link to the Financial Times piece below for the latest on the deal:

https://www.ft.com/content/9824af60-049d-11ea-a984-fbbacad9e7dd

Now Betaville was a bit sceptical that a $70 billion leveraged buy-out of Walgreens Boots Alliance would actually happen...

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Tchenguiz buys 9pc of Urban Exposure PLC - Part 2

Tuesday, 5 November 2019, 7:17 pm

It's getting frothy out there.

First off: it emerges Stefano Pessina is exploring a $70 billion plus leveaged buy-out of Walgreens Boots Alliance. The last time Italian took a company private was just before the credit crunch in 2007 when he acquired Alliance Boots for £11 billion with the backing of KKR, Wall Street's most powerful private equity firm...

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Where have all the "locusts" gone...?

Thursday, 13 June 2019, 9:13 am

"Locusts!" That's how the German establishment dubbed private equity firms looking for deals in the country a decade ago.

Wind on ten years and KKR - the American buy-out firm lionised in the seminal book Barbarians At The Gate - is backing a $8 billion leveraged buy-out of Axel Springer.

Yet, as far Betaville can see, none of the German establishment have objected to such a "locust" taking control of one Germany's largest media companies...

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