Picture of KKR & Co logo

KKR — KKR & Co News Story

0.000.00%
us flag iconLast trade - 00:00
FinancialsBalancedLarge CapNeutral

Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions

Adds: World Insurance Associates, EQT Updates:

- The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Friday:

** World Insurance Associates acquired Parsippany, New Jersey-based Pellechio Family Agency on May 1, the brokerage announced on Thursday.

nL6N44W0DG

** Swedish private equity firm EQT is set to buy Warburg Pincus’ majority stake in McGill and Partners in a $2 billion deal, the companies said.

nL6N44W0NS

** Norwegian oil company DNO DNO.OL said it no longer intended to make a proposed takeover offer for Britain's Genel Energy GENL.L, first announced on August 7.

nL8N44W0H2

** SafePoint Holdings has completed a minority investment in UK specialty MGA Arrow Risk Management, the Florida insurer said on Thursday, forming a long-term strategic partnership aimed at supporting Arrow's expansion.

nL6N44W0CL

** Lagardere Media LAGA.PA - which carries many of the main media publications of French billionaire Vincent Bollore - is buying a stake in the politically hard-right French media firm Frontieres, Frontieres president Erik Tegner said .

nFWN44W0E8

** Caixabank's CABK.MC Banco BPI said on Thursday it agreed to sell its 33.35% stake in Banco de Fomento de Angola (BFA) to Congolian Financial (CFSA) for a fixed amount of €388.5 million ($451.71 million).

nL8N44W0AN

** East Timor's national oil company, Timor Gap, said it had reached a binding agreement with Osaka Gas to acquire the Japanese firm's 10% participating interest in the Greater Sunrise gas project.

nL1N44W043

** KKR KKR.N will buy a minority stake in Malaysia's Avisena Healthcare, deepening the global investment firm's push into Southeast Asia's healthcare sector amid rising investor interest.

nL4N44W02P

** Contract manufacturer Flex FLEX.O said on Thursday it will acquire power conversion systems maker EPC Power in a deal valued at $4.4 billion to strengthen its position in AI data center and power infrastructure markets.

nL4N44V1MG


(Compiled by Sahil Pandey and Rajarshi Roy in Bengaluru)

((Rajarshi.Roy@thomsonreuters.com))

Recent news on KKR & Co

See all news