Kkr & Co Inc - KKR STOCK NEWS

KKR Income Opportunities Fund (NYSE: KIO) has declared monthly distributions of $0.1215 per common share for February and March 2025. Based on the Fund's current share price of $12.96, this represents an annualized distribution rate of 11.25%.

The distribution schedule includes revised dates for February: Ex-Date and Record Date on February 6, 2025 (changed from February 14), with payment on February 28, 2025. March distributions maintain Ex-Date and Record Date on March 14, 2025, with payment on March 31, 2025.

The Fund notes that distributions may come from various sources, including net investment income, short-term capital gains, long-term capital gains, or return of capital. Final source determination will be made after year-end through Form 1099-DIV.

KKR (NYSE: KKR) has announced that Chief Financial Officer Robert H. Lewin will present at the 2025 UBS Financial Services Conference on Monday, February 10, 2025, at 1:50 p.m. ET. The presentation will be accessible through a live webcast on KKR's Investor Center website, with a replay available shortly after the event.

KKR is a global investment firm specializing in alternative asset management, capital markets, and insurance solutions. The firm manages investment funds focused on private equity, credit, and real assets, while also partnering with hedge fund managers. Through its insurance subsidiaries under Global Atlantic Financial Group, KKR offers retirement, life, and reinsurance products.

KKR has appointed Guy Metcalfe as Senior Advisor to support its global real estate investment activities. Metcalfe, former Managing Director at Morgan Stanley and Global Chairman of its real estate investment banking business, brings over 30 years of experience, having been involved in transactions worth more than $850 billion across multiple geographies.

In his role, Metcalfe will leverage his extensive real estate and capital markets expertise to support KKR's platform growth and strategic initiatives. KKR's global real estate business currently manages over $80 billion in assets as of September 30, 2024, with more than 140 dedicated real estate investment and asset management professionals across 16 offices.

KKR has announced an extension of its Second Tender Offer period for FUJI SOFT shares from January 24, 2025, to February 7, 2025. The tender offer price remains unchanged at 9,451 yen per common share. The extension comes amid uncertainty regarding Bain Capital's potential unsolicited tender offer, which they indicated would commence 'in late January or early February 2025.'

The extension aims to provide shareholders with the option to tender into KKR's existing offer if Bain Capital's alternative offer doesn't materialize. KKR notes that Bain Capital's condition requiring KKR's tender offer to be withdrawn is unnecessary, as multiple tender offers can run simultaneously. KKR also raises concerns about Bain Capital's potential breach of confidentiality agreements regarding the use of retained confidential information.

FS KKR Capital Corp. (NYSE: FSK) has scheduled its fourth quarter and full year 2024 earnings release for Wednesday, February 26, 2025, after the NYSE market close. The company will host a conference call and live webcast to discuss the results on Thursday, February 27, 2025, at 9:00 a.m. Eastern Time.

The earnings webcast will be accessible through FSK's website investor relations section and a dedicated URL. Research analysts planning to participate must register in advance or at least 15 minutes before the call's start. An investor presentation will be available on the company's website after market close on February 26, and a replay of the call will be accessible through FSK's website afterward.

KKR (NYSE: KKR) has announced a change in the date of its fourth quarter 2024 earnings conference call and webcast. The event will now take place on Tuesday, February 4, 2025 at 10:00 a.m. ET, moved from the previously scheduled date of Thursday, February 6, 2025.

The conference call will be accessible via phone at (877) 407-0312 for U.S. callers and +1 (201) 389-0899 for non-U.S. callers. The call will also be broadcast live through KKR's website Investor Center section, with a replay available approximately one hour after the broadcast.

KKR has entered into a binding agreement to acquire Dawsongroup, a leading independent asset leasing business. The acquisition, part of KKR's Global Climate strategy, aims to scale net-zero solutions and support Dawsongroup's sustainability-led ambitions. Dawsongroup, headquartered in Milton Keynes, UK, operates across 11 countries with over 1,150 employees, specializing in vehicle and refrigerated box leasing.

The company posted record performance with Group EBITDA of approximately £250m last year. Under KKR's ownership, Dawsongroup plans to expand its markets and accelerate fleet electrification. KKR will implement an employee ownership program, allowing staff to participate in the company's future success. The transaction, pending regulatory approvals, builds on KKR's extensive experience in infrastructure investing, having deployed over $24 billion in UK equity and $21 billion in renewable energy and climate-related investments from its infrastructure platform.

KKR and Gulf Data Hub (GDH) have announced a strategic partnership where KKR-affiliated funds will acquire a stake in GDH, marking one of the largest international investments in a UAE-founded business. The partners have committed to support over $5 billion of total investment to expand GDH's data center capacity across the Gulf region.

GDH, established in 2012, operates seven purpose-built data centers in the UAE and Saudi Arabia, with plans for additional facilities in Kuwait, Qatar, Bahrain, and Oman. The company focuses on meeting hyperscale demand driven by increasing digital connectivity, cloud computing, and artificial intelligence needs.

This represents KKR's first data center investment in the Middle East, adding to their global portfolio of four hyperscale platforms comprising several GW of deployed assets across 100+ facilities. KKR manages $77 billion in infrastructure assets and has invested more than $29 billion across 22 digital infrastructure companies.

KKR has appointed Sir Jeremy Darroch as Executive Advisor to support the firm's European Private Equity investment activities, particularly in the UK and TMT sector. Darroch brings significant experience, having served as Executive Chairman and Group CEO of Sky until 2021, where he transformed the company into Europe's largest multi-platform TV provider and tripled the business size.

During his tenure at Sky, Darroch oversaw the transition to Comcast's ownership following its $40bn acquisition in 2018. He currently serves as Chairman of Reckitt Benckiser Group and Director of The Walt Disney Company. The appointment aligns with KKR's 25-year investment history in the UK and recent closure of its $8 billion European Fund VI, focusing on business growth through KKR's network and resources.