Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  KKR & Co. L.P.    KKR

Delayed Quote. Delayed  - 07/26 10:02:04 pm
14.47 USD   +3.95%
12:01p KKR & CO. L.P. : Reports Second Quarter 2016 Results
07/19 KKR : Sixth Annual ESG and Citizenship Report Addresses Five Global ..
07/14 KKR : Halfway Through 2016, Markets Are Still Adult-Swim Only
News SummaryMost relevantAll newsSector news 

KKR Confirms $3.74 Billion Deal to Buy Gardner Denver

share with twitter share with LinkedIn share with facebook
share via e-mail
03/08/2013 | 02:26am CEST

Gardner Denver Inc. (>> Gardner Denver, Inc.) and Kohlberg Kravis Roberts & Co. confirmed the industrial-pumps manufacturer has agreed to be acquired for roughly $3.74 billion.

The New York private-equity firm will pay $76 for each Gardner Denver share, a 2.9% premium to Thursday's close. Shares were recently trading 1.4% higher at $74.91 premarket. The stock has climbed 7.8% since the start of the year.

The deal values Gardner Denver at about $3.9 billion, including the assumption of debt.

KKR had bid $75 a share for the Wayne, Pa.-based company in February and increased the offer after Gardner Denver sought a higher price.

For KKR, the deal would mark the buyout firm's third purchase in the industrials space in the past few years. KKR agreed in April 2011 to acquire Capsugel, a unit of pharmaceutical giant Pfizer Inc. (>> Pfizer Inc.) that makes drugs in capsule form. Later that year, KKR agreed to acquire Capital Safety Inc., a large provider of safety products and equipment for construction and other workers.

KKR ended up being the only serious suitor for Gardner Denver in an up-and-down sales process that dragged on in recent months.

Gardner Denver, which employs about 6,400 people and posted sales of about $2.4 billion last year, pursued a deal with rival SPX Corp. (>> SPX Corporation) late last year after garnering interest from a number of private-equity firms. SPX offered $4 billion for the company but later dropped the bid amid negative reactions from shareholders.

Write to Melodie Warner at melodie.warner@dowjones.com

Order free Annual Report for Gardner Denver Inc.

Visit http://djnewswires.ar.wilink.com/?link=GDI or call 1-888-301-0513

Stocks mentioned in the article : Gardner Denver, Inc., SPX Corporation, Pfizer Inc.
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on KKR & CO. L.P.
12:07p KKR & CO. L.P. : Results of Operations and Financial Condition, Financial Statem..
12:01p KKR & CO. L.P. : Reports Second Quarter 2016 Results
07/19 KKR : Sixth Annual ESG and Citizenship Report Addresses Five Global Challenges
07/14 KKR : Halfway Through 2016, Markets Are Still Adult-Swim Only
07/12 KKR & CO. L.P. : to Announce Second Quarter 2016 Results
07/11DJKKR : Investors Pay $4 Billion for Mixed-Martial Arts Group UFC
07/06DJKKR Buys Stake in U.K. Cybersecurity Company
07/06DJALPHA BANK : Senior Executives Resign From Greece's Bank Rescue Fund
07/06 KKR : Cyber Security Company Darktrace in $65 Million Fundraise to Accelerate Gl..
07/06 SOFTBANK : Darktrace raises $65 million in funding round led by KKR
More news
Sector news : Investment Management
11:24pDJAMERIPRISE FINANCIAL : Operating Earnings Decline 13%
06:08pDJUBS : Swiss Banks Feel Pain of Negative Rates
04:38p Top SABMiller shareholder says revised AB Inbev offer 'remains unacceptable'
03:40pDJT ROWE PRICE : Correction to T. Rowe Price Earnings Story
03:24pDJCorrection to SABMiller Investor Aberdeen Asset Management Rejects AB InBev's..
More sector news : Investment Management
News from SeekingAlpha
07:30a Income falls sharply at KKR, but tops estimates
06:18a KKR declares $0.16 dividend
06:04a KKR beats by $0.18, misses on revenue
07/25 Notable earnings before Tuesday?s open
07/25 Dividend Investors Should Research These 10 Stocks - July 2016
Financials ($)
Sales 2016 1 119 M
EBIT 2016 879 M
Net income 2016 375 M
Debt 2016 -
Yield 2016 4,61%
P/E ratio 2016 20,21
P/E ratio 2017 8,32
Capi. / Sales 2016 10,0x
Capi. / Sales 2017 9,19x
Capitalization 11 237 M
More Financials
Chart KKR & CO. L.P.
Duration : Period :
KKR & Co. L.P. Technical Analysis Chart | KKR | US48248M1027 | 4-Traders
Full-screen chart
Technical analysis trends KKR & CO. L.P.
Short TermMid-TermLong Term
Technical analysis
Income Statement Evolution
More Financials
Mean consensus OUTPERFORM
Number of Analysts 13
Average target price 16,9 $
Spread / Average Target 21%
Consensus details
EPS Revisions
More Estimates Revisions
Henry R. Kravis Co-Chairman & Co-Chief Executive Officer
George Rosenberg Roberts Co-Chairman & Co-Chief Executive Officer
William Joseph Janetschek Chief Financial Officer
Joseph A. Grundfest Independent Director
Robert W. Scully Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
KKR & CO. L.P.-10.71%11 237
T. ROWE PRICE GROUP IN..3.08%18 290
LEGAL & GENERAL GROUP ..-25.54%15 563
More Results