KKR & Co Faces Legal Battle Over Antitrust Issues

TipRanks06:27

Express News | KKR: KKR Complaint Requests Various Forms of Relief, Including Declaratory Judgments That KKR Did Not Violate Hsr Act

Breakings06:02

Express News | KKR & Co Inc - Unit Files Complaint Against DOJ and FTC

Breakings06:01

The American private equity fund KKR (KKR.US) is accused of evading antitrust scrutiny.

On Tuesday, the USA filed a civil lawsuit against private equity firm KKR (KKR.US), accusing it of repeatedly contempting pre-merger antitrust review processes and having evaded at least 16 antitrust reviews for transactions between 2021 and 2022. DOJ official Doha Mekki stated that KKR was involved in issues of document omissions, alterations, and failure to report transactions, threatening the integrity of the antitrust division's investigation into its pre-merger inquiries and, in certain cases, concealing the market impact of its transactions and series of acquisitions. KKR stated that after an extensive investigation lasting nearly three years, the alleged errors found by the antitrust division are minor.

AASTOCKS02:59

Street Color: KKR Sued by DOJ for Allegedly Disregarding Premerger Antitrust Review Process

MT Newswires00:54

Express News | RPT-U.S. Justice Department Says It Sues KKR for Serial Violations of Federal Premerger Review Law

Breakings00:52