Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

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

Delayed Quote. Delayed  - 08/26 10:02:01 pm
14.57 USD   -0.75%
08/26DJTXU Energy, Luminant Cleared to Exit Bankruptcy
08/26 TAKATA SHORTLIS : sources
08/26DJBig Lots Posts Revenue Decline But Raises Forecast
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

KKR Submits Gardner Denver Bid

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/22/2013 | 06:16am CEST

KKR & Co. (>> KKR & Co. L.P.) on Thursday bid about $3.7 billion for industrial pumps manufacturer Gardner Denver Inc. (>> Gardner Denver, Inc.), according to a person familiar with the matter, capping a hot-and-cold sales process that looked more promising for the company a year ago.

The private-equity firm appeared to be the only suitor lobbing in a bid ahead of a Thursday deadline for offers. Other firms, including TPG, Onex Corp. and CCMP Capitol Advisors showed some interest in Gardner Denver, but they proved less interested than KKR, people familiar with the matter have said.

At $75 per share, KKR's bid is a roughly 11% premium to Thursday's closing price of $67.47.

A Gardner Denver spokesman declined to comment.

Several buyout firms put in offers for Gardner Denver late last year, but the company set them aside to negotiate a deal with rival SPX Corp. (>> SPX Corporation), which was offering closer to $4 billion for the company, other people familiar with the matter said. SPX dropped its bid amid negative reaction from shareholders, after which Gardner Denver restarted talks with buyout firms, those people said.

Gardner Denver is set to report earnings results on Friday. In the third quarter, the company's revenue fell 11% from the same period a year earlier to $548 million, and its profit declined 13% to $64 million.

Shares have been trading higher since last summer when the company announced it was considering a sale, though they dipped this week on news that interest in the company was waning.

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stocks mentioned in the article : KKR & Co. L.P., Gardner Denver, Inc., SPX Corporation
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on KKR & CO. L.P.
08/26DJTXU Energy, Luminant Cleared to Exit Bankruptcy
08/26 TAKATA SHORTLISTS DAICEL, KKR, NINGB : sources
08/26DJBig Lots Posts Revenue Decline But Raises Forecast
08/25DJDollar Stores' Same-Store Sales Disappoint
08/23DJApollo to Pay $52.8 Million Over Fee Practices
08/22 KKR L P : A Need for Partnership to Solve Significant Global Challenges
08/18DJBlackstone Mulls New Mountain Capital Proposal to Back JDA Software
08/16 KKR L P : Speak Up.
08/15 PRESS : KKR Eyeing Entertainment One Bid After ITV Rebuffed - Bloomberg
08/11 KKR L P : Launches Eco-Innovation Award and Announces New Green Solutions Platfo..
More news
Sector news : Investment Management
08/26DJTXU Energy, Luminant Cleared to Exit Bankruptcy
08/26 UBS : trimming headcount in Paris by 15 jobs - source
08/26 Investor group rebukes Sports Direct, wants review of management
08/24DJPharMerica Exploring Strategic Alternatives, Including Sale -Reuters
08/24 Top SABMiller shareholder Aberdeen backs court ruling on AB InBev deal
More sector news : Investment Management
News from SeekingAlpha
08/16 KKR : Heavy-Hitting Partnership Deserving A Premium
08/15 WALL STREET BREAKFAST : M&A Buzz Hits The Street
08/15 M&A buz hits the street
08/15 KKR weighs bid for Entertainment One
08/10 The Duration Divide And Its Implications
Advertisement
Financials ($)
Sales 2016 1 088 M
EBIT 2016 879 M
Net income 2016 375 M
Debt 2016 -
Yield 2016 4,40%
P/E ratio 2016 24,91
P/E ratio 2017 11,89
Capi. / Sales 2016 10,8x
Capi. / Sales 2017 9,52x
Capitalization 11 707 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
TrendsBullishBullishBearish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 13
Average target price 18,0 $
Spread / Average Target 24%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
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.-6.54%11 707
T. ROWE PRICE GROUP IN..-3.65%17 120
LEGAL & GENERAL GROUP ..-22.59%16 209
HARGREAVES LANSDOWN PL..-11.42%8 312
ABERDEEN ASSET MANAGEM..14.86%5 737
THE CARLYLE GROUP LP2.69%5 129
More Results