Posts tagged: KKR

KKR snaps up Smart Metering Systems for £1.4 billion

Thursday, 7 December 2023, 7:49 am

It's that time of the year where takeover deals come thick and fast.

This morning KKR has agreed a deal to purchase London-listed Smart Metering Systems, an energy infrastructure company, for £1.4 billion.

The American private equity house is offering 955p in cash for Smart Metering Systems, which is a 40pc premium to yeserday's share price close. Below is a link to the press release if you want to read all of the details of the recommended offer:..


KKR backs EURO 1 billion take private of German satellite company OHB SE, reports Bloomberg

Monday, 7 August 2023, 7:17 am

Who says dealmaking is put on ice on the European continent in August?

This morning it has emerged that American private equity house KKR is backing the take private OHB SE, a Germany-listed operator of low-orbiting and geostationary small satellites.

KKR is working with the Fuchs family on the deal, reveals Bloomberg. The Fuchs currently own around 70pc of OHB...


Tags: KKR, OHB, Bloomberg
Betaville Intelligence

UNCOOKED ALERT: DXC Technology said to ... - Part 5

Tuesday, 4 October 2022, 7:12 pm

US-listed IT services company DXC Technology has finally confirmed what little old Betaville has been banging on about during September - that the company is "in play".

In case you don't recall, little old Betaville was the FIRST media outfit to reveal DXC was/is back at the centre of a renewed round of takeover speculation at the beginning of last month. Below is the link and the follow ups suggesting one of the private equity firms circling the company is KKR:..


Betaville Intelligence

UNCOOKED ALERT: KKR & Co said to ... - Part 4

Tuesday, 27 September 2022, 3:12 pm

One of America's largest private equity houses is rumoured to be interested in buying DXC Technology, the US-listed IT services group.

Last week, Bloomberg reported that DXC had been approached by at least one private equity firm.

People following the situation had heard talk KKR & Co is one of the buy-out houses that is looking at DXC.

However, it's not clear whether DXC is open to a deal with a private equity house...


Betaville Intelligence

UNCOOKED ALERT: GB Group said to ... - Part 4

Tuesday, 20 September 2022, 10:14 am

GB Group's shares have perked up almost 4pc this morning.

If you are wondering why then look no further than an article published in the Mail on Sunday over the weekend.

Intrepid hackettes Amy-Jo Crowley and Francesca Washtell revealed that several private equtiy firms are circling GB Group, the London-listed indentity intelligence company, after little old Betaville's orginal UNCOOKED Alert...


KKR splashes out £1.6 billion on ContourGlobal

Tuesday, 17 May 2022, 9:19 am

It would appear the buy-out the buccaneers at KKR have got their bit between the teeth for European renewable energy companies.

Today, KKR has agreed a take private for London-listed CounterGlobal, the owner and operator of contracted power generation plants, for 263.3p a share or around £1.6 billion.

That deal comes soon after KKR's $1.7 billion purchase of Albioma, a France-listed solar and biomass producer...


Blackstone and KKR said to eye Ubisoft Entertainment, reveals Bloomberg - Part 3

Wednesday, 4 May 2022, 8:30 pm

Perhaps Betaville was being too snarky about Dealreporter's Ubisoft Entertainment tale.

A loyal reader points out that the Dealreporter piece reveals the Guillemot family, who founded Ubisoft in 1986, is assessing doing a deal with a private equity firm.

That fact is extremely important because the Guillemot's were viewed a possible impediment to a takeover following an approach several years ago at a much higher price...


Blackstone and KKR said to eye Ubisoft Entertainment, reveals Bloomberg - Part 2

Wednesday, 4 May 2022, 3:40 pm

You might be wondering why Ubisoft Entertainment's shares have spiked almost 10pc this afternoon.

Well, it's because Dealreporter have just pumped out their own version of the takeover tale that was first aired by Bloomberg a few days ago.

Dealreporter's story is somewhat after the horse has bolted but the the topline from Betaville's erstwhile employer is:..