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KKR & Co Newsroom
Barclays Remains a Buy on KKR & Co (KKR)
KKR (KKR.US) plans to decrease its shareholding by half, causing Japan's Kokusai to plummet by 12%, marking the largest drop in history.
According to reports, private equity giant KKR (KKR.US) plans to sell about half of its holdings in Japanese chip manufacturer Kokusai Electric Corp. As a result, Kokusai Electric's stock price fell 12% at one point on Wednesday, marking the biggest decline since the company went public in October last year. It is reported that KKR currently holds about 43% of Kokusai's shares. KKR plans to sell about half of its holdings in Kokusai Electric to investors, with Kokusai staying in the market.
Kokusai Electric Plans to Offer More Than $1.7B Worth of Stock
By Kosaku Narioka Kokusai Electric plans to offer more than $1.7 billion worth of shares in Japan and overseas. The Japanese chip-production equipment maker said Wednesday that it planned to offer 52.
Express News | KKR & Co Inc : Jefferies Raises Target Price to $126 From $113
Express News | Kokusai Electric Says to Buy Back up to 18 Bln Yen of Own Shares
Express News | Kokusai Electric Secondary Offering to Total 283.5 Bln Yen Based on Wednesday's Closing Price
Express News | Kokusai Electric Says Secondary Offering to Total 52.5 Mln Shares - Filing
Express News | Kokusai Electric Says KKR Among Sellers - Filing
Express News | Kokusai Electric Announces Secondary Offering of Shares in Regulatory Filing
Sector Update: Financial Stocks Gain Tuesday Afternoon
Financial stocks were advancing in Tuesday afternoon trading, with the NYSE Financial Index rising 0.9% and the Financial Select Sector SPDR Fund (XLF) ahead 1.3%.The Philadelphia Housing Index was
Top Midday Stories: Boeing Ups Deliveries in June, Q2; Fed Mulls Tweak That Could Save Billions for Biggest US Banks; BP Warns of $2 Billion Impairment Charge, Lower Refining Margins
The S&P 500 and the Nasdaq Composite were both up after midday trading on Tuesday, while the Dow Jones Industrial Average was down, as investors listened intently to Federal Reserve Chair Jerome
Deutsche Bank Adjusts Price Target on KKR to $128 From $129
KKR (KKR) has an average outperform rating and a price target range of $93 to $145, according to analysts polled by Capital IQ.Price: 105.29, Change: +0.22, Percent Change: +0.21
Jim Cramer Says He Will Pay No Amount For This Energy Stock, Calls Ferguson A 'Very, Very Good' Company
On CNBC's "Mad Money Lightning Round," Jim Cramer said Ferguson plc (NYSE:FERG) is a "very, very good" company. However, he recommends Trane Technologies plc (NYSE:TT) or Carrier Global Corporation (
KKR to Trim Stake in Soaring Kokusai Electric, Cashing in on Chip Boom: Report
KKR & Co. Inc. (NYSE:KKR) reportedly intends to reduce its stake in Kokusai Electric, capitalizing on the strong performance of the Japanese chip equipment maker's shares.KKR, which currently owns
Express News | Nasuni: Further Terms of Transaction Were Not Disclosed
Express News | Nasuni Announces Majority Investment Led by Vista Equity Partners at $1.2 Billion Valuation
Infosys Signs Five-year Partnership With Sector Alarm
Market Chatter: KKR Plans Stake Reduction in Kokusai Electric, Reuters Reports
Private equity firm KKR (KKR) intends to reduce its ownership in Kokusai Electric by selling about half of its 43% stake to investors, Reuters reported Tuesday, citing two unnamed people familiar
KKR to Sell 50% Stake in Tokyo-based Kokusai Electric - Report
Private equity firm KKR (NYSE:KKR) will cut its stake in the Japanese semiconductor manufacturing company — Kokusai Electric (OTCPK:KOKSF), Reuters reported, citing people familiar with the matter.
KKR is planning to reduce its shareholding in Kokusai, a Japanese semiconductor equipment manufacturer, by about half.
As of July 9th, KKR, the American private equity giant, plans to sell approximately half of its stake in the newly listed Japanese semiconductor equipment manufacturer Kokusai Electric, according to insiders cited by Reuters. KKR currently holds around 43% of Kokusai Electric's stock. In addition, Kokusai will buy back stocks in the market. Based on Monday's closing price, 20% of Kokusai's shares are worth about 1.6 billion US dollars. This deposition equipment manufacturer was spun off from Hitachi Kokusai Electric in 2018, and since October last year, it has been an IP.