Under the terms of the agreement, KKR will acquire all outstanding shares of Chase common stock for $127.50 per share in cash, delivering substantial value to shareholders. The transaction value implies a valuation of approximately 13 times trailing-twelve-months EBITDA.
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| Company | Date | Price Target | Rating | Analyst |
|---|---|---|---|---|
| 9/18/2024 | $148.00 | Buy | HSBC Securities | |
| 9/12/2024 | $130.00 | Equal Weight | Wells Fargo | |
| 8/27/2024 | $153.00 | Buy | Redburn Atlantic | |
| 1/4/2024 | $96.00 | Outperform | TD Cowen | |
| 11/30/2023 | $91.00 → $94.00 | Outperform | Oppenheimer | |
| 10/5/2023 | $75.00 | Outperform | Wolfe Research | |
| 5/19/2023 | $69.00 | Buy | Citigroup | |
| 3/2/2023 | $69.00 | Overweight | Barclays |
Instructure shareholders to receive $23.60 per share in cash; Instructure to become a privately held company upon completion of the transactionSALT LAKE CITY, July 25, 2024 /PRNewswire/ -- Instructure Holdings, Inc. (NYSE:INST) ("Instructure"), a leading learning ecosystem, today announced that it has entered into a definitive agreement to be acquired by investment funds managed by KKR, a leading global investment firm, for $23.60 per share in an all-cash transaction valued at an enterprise value of approximately $4.8 billion. The per-share purchase price represents a premium of 16 percent over Instructure's unaffected share price of $20.27 as of May 17, 2024, the last trading day prior to m
All Employees to Become Owners in the CompanyKKR, a leading global investment firm, today announced that investment funds managed by KKR have acquired Marmic Fire & Safety ("Marmic" or the "Company"), a leading provider of regulation-mandated fire equipment inspection, testing and maintenance services, from HGGC. Financial terms were not disclosed.
T-Mobile US, Inc. (NASDAQ:TMUS) signed a deal with KKR & Co. Inc. (NYSE:KKR) to form a joint venture (JV) that will acquire Metronet’s broadband infrastructure, residential fiber operations, and customer base. At closing, T-Mobile plans to invest about $4.9 billion for a 50% stake in the joint venture, acquiring Metronet’s residential fiber operations and customers, and funding the JV. Metronet serves over 2 million homes and businesses across 17 states with its advanced fiber-to-the-home (FTTH) platform. The JV will also acquire Oak Hill Capital’s stake, with Oak Hill re-investing to maintain a minority position and founder John Cinelli retaining a minority stake post-closure. T
KKR & Co. Inc. (NYSE:KKR) announced today that Scott C. Nuttall, Co-Chief Executive Officer, will present at the Goldman Sachs 2024 US Financial Services Conference on Tuesday, December 10, 2024 at 8:00AM ET. A live webcast of the presentation will be available on the Investor Center section of KKR's website at https://ir.kkr.com/events-presentations/. For those unable to listen to the live webcast, a replay will be available on the website shortly after the event. Any questions regarding the webcast may be addressed to KKR's Investor Relations team at [email protected]. ABOUT KKR KKR is a leading global investment firm that offers alternative asset management as well as ca
Investment supports continued expansion of AI and business intelligence capabilities for over 70,000 hospitality properties globally Lighthouse, the leading commercial intelligence platform for the travel & hospitality industry, today announced an approximately $370 million growth investment led by global investment firm, KKR. This investment accelerates Lighthouse's mission to reimagine commercial strategy for the $15 billion travel & hospitality technology market. Proceeds from the investment will be used to drive continued product innovation across Lighthouse's platform, strategic acquisitions, and global expansion efforts. Lighthouse's suite of products provides revenue managers, co
KKR, a leading global investment firm, today announced that in connection with its two-stage tender offer scheme (the "Tender Offer") for the common shares and share options of FUJI SOFT INCORPORATED ("FUJI SOFT" or the "Company"; TSE stock code 9749) through FK Co., Ltd. (the "Offeror"), an entity owned by investment funds managed by KKR, it has commenced its second tender offer ("Second Tender Offer") on November 20, 2024, which will run until December 19, 2024. The tender offer price per common share is 9,451 yen, and 1,197,200 yen per 5th Series Share Option, 1,059,800 yen per 6th Series Share Option, and 293,200 yen per 7th Series Share Option. This follows two unanimous resolution
FUJI SOFT's advisors, directors, and officers tendered ~90% of their share options Result means any plan to privatize FUJI SOFT will require KKR's support KKR, a leading global investment firm, today announced that in connection with its two-stage tender offer scheme (the "Tender Offer") for the common shares and share options of FUJI SOFT INCORPORATED (TSE stock code 9749; "FUJI SOFT") through FK Co., Ltd. (the "Offeror"), the Offeror, an entity owned by investment funds managed by KKR, completed the first of the two planned tender offers ("First Tender Offer") on November 5. With the completion of the First Tender Offer, the Offeror will become the largest shareholder of FUJI SOFT,
PHILADELPHIA and NEW YORK, Nov. 6, 2024 /PRNewswire/ -- FS KKR Capital Corp. (NYSE:FSK), or the Company, today announced its financial and operating results for the quarter ended September 30, 2024, and that its board of directors previously, on October 8, 2024, declared a fourth quarter 2024 distribution of $0.70 per share. Financial and Operating Highlights for the Quarter Ended September 30, 2024(1) Net investment income of $0.77 per share, compared to $0.77 per share for the quarter ended June 30, 2024Adjusted net investment income(2) of $0.74 per share, compared to $0.75
KKR & Co. Inc. (NYSE:KKR) today reported its third quarter 2024 results, which have been posted to the Investor Center section of KKR's website at https://ir.kkr.com/events-presentations/. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241024827166/en/ A conference call to discuss KKR's financial results will be held today, Thursday, October 24, 2024 at 10:00 a.m. ET. The conference call may be accessed by dialing (877) 407-0312 (U.S. callers) or +1 (201) 389-0899 (non-U.S. callers); a pass code is not required. Additionally, the conference call will be broadcast live over the Internet and may be accessed through the Investor Cen
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10-Q - KKR & Co. Inc. (0001404912) (Filer)
8-K - KKR & Co. Inc. (0001404912) (Filer)
8-K - KKR & Co. Inc. (0001404912) (Filer)
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4 - KKR & Co. Inc. (0001404912) (Reporting)
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Biosynth, a global supplier of critical raw materials and services to the life sciences industry, today announced that its Board of Directors has appointed Matt Gunnison as the company's new Chief Executive Officer and a member of the Board of Directors, effective immediately. The Board has also appointed Kieran Murphy as Chairman, effective as of the same date. Matt Gunnison will succeed Urs Spitz, under whose guidance Biosynth has achieved remarkable growth and strengthened its position in the life sciences sector. Urs Spitz will remain a member of the Board of Directors. "We are grateful to Urs for his significant contributions in shaping Biosynth into the innovative and thriving compa
New leadership and reorganization will foster the next chapter of growth and enhance business operations to best support evolving client and CRO partner needs on a global scale. MALVERN, Pa., Oct. 29, 2024 /PRNewswire/ -- Resolian, a leading global bioanalytical and analytical sciences partner supporting drug development and multi-regional clinical trials, today announced several leadership changes as the company expands its global footprint and operational capabilities. Rob Stachlewitz will join Resolian as Chief Executive Officer (CEO), while current CEO Pat Bennett will transition into the newly created role of Chief Business Officer and President of Scientific Affairs. In addition, the
Global Atlantic Financial Group ("Global Atlantic"), a leading insurance provider meeting the retirement and life insurance needs of individuals and institutions, today announced the appointment of Tim Bridgers as Head of Preneed Sales, effective immediately. In this role, Mr. Bridgers will oversee all aspects of Global Atlantic's preneed sales, including agency and funeral home relationships, as well as strategies for marketing, pricing, and product development. He succeeds Kelly Milberger, who is retiring after a distinguished career in the industry. Based in Wilmington, North Carolina, Mr. Bridgers joins Global Atlantic from Live Oak Bank, where he spent a decade in various leadership
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HSBC Securities initiated coverage of KKR with a rating of Buy and set a new price target of $148.00
Wells Fargo initiated coverage of KKR with a rating of Equal Weight and set a new price target of $130.00
Redburn Atlantic initiated coverage of KKR with a rating of Buy and set a new price target of $153.00