The Motley Fool

SEPTEMBER 10, 2024

Millions of older Americans today rely on Social Security to cover their senior living expenses. And chances are, you'll become at least somewhat dependent on those benefits once your career wraps up and your retirement kicks off. That's why it's so important to keep tabs on Social Security. Although the program has been around for many decades, it commonly undergoes changes from one year to the next.

130

130

Financial Symmetry

SEPTEMBER 10, 2024

Retirement planning is a delicate process, and you need to carefully consider your various income streams, including Social Security benefits. For those of us who plan to continue working during retirement while claiming Social Security, it’s important to understand how … Continued The post The Financial Benefits and Drawbacks of Working During Retirement, Ep #224 appeared first on Financial Symmetry, Inc.

52

52

The Motley Fool

SEPTEMBER 10, 2024

There's no right or wrong way to invest in the stock market, but if you're looking for a low-maintenance way to build wealth over time, exchange-traded funds (ETFs) can be a fantastic choice. An ETF is a collection of stocks grouped together into a single investment. When you buy just one share of an ETF, you're actually buying a stake in dozens or hundreds of companies at once.

130

130

Private Equity Wire

SEPTEMBER 10, 2024

European private equity investment firm Castik Capital has held the final close of its third fund, EPIC III, with total capital commitments of €2bnm exceeding its target of €1.75bn. The fund is 60% larger than predecessor EPIC II, which closed at €1.25bn in October 2020. EPIC III will follow Castik Capital’s proven investment strategy of focusing on investments in growing businesses, in highly fragmented markets, that are headquartered in Europe and led by management teams or founders.

52

52

The Motley Fool

SEPTEMBER 10, 2024

Semiconductor company Nvidia (NASDAQ: NVDA) dominates the market for artificial intelligence (AI) chips. In fact, analysts estimate its graphics processing units account for up to 95% of AI chip sales. But history is full of cautionary tales about the downfall of dominant brands that failed to maintain their technological leadership. IBM was once a highly esteemed computing company due to its mainframes and storage solutions, but it failed to innovate around cloud computing and PCs.

130

130

Private Equity Wire

SEPTEMBER 10, 2024

Swedish private investment firm EQT has agreed to acquire a controlling stake in GeBBS, a global provider of healthcare outsourcing solutions, from ChrysCapital. While financial terms of the deal have not been disclosed, reports suggest a purchase price of over $850m. EQT is making the investment via the BPEA Private Equity Fund VIII, its Asia private equity fund, which, according to a press statement statement, will support GeBBS’ “next phase of accelerated growth and innovationR

52

52

Financial Times M&A

SEPTEMBER 10, 2024

GB News owner’s acquisition of historic magazine has raised concerns over editorial direction

56

56

KKR

SEPTEMBER 10, 2024

NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that KKR has completed the acquisition of Park 8Ninety, a 12 building industrial logistics park in Houston, Texas, from Artis Real Estate Investment Trust (“Artis REIT”) for approximately $234 million. The approximately 1.8 million square-foot (SF) master planned park was completed in phases between 2017 and.

40

40

Financial Times M&A

SEPTEMBER 10, 2024

Consolidation heats up in precious metals mining sector

49

49

KKR

SEPTEMBER 10, 2024

NEW YORK--(BUSINESS WIRE)-- Global investment firms Carlyle (NASDAQ: CG) and KKR (NYSE: KKR) today announced that one or more strategic partnerships comprised of funds and accounts managed by Carlyle and KKR’s respective credit businesses have agreed to purchase an approximately $10.1 billion portfolio of prime student loans from Discover Financial Services (NYSE: DFS).

40

40

KKR

SEPTEMBER 10, 2024

WAYNE, Pa. & NEW YORK--(BUSINESS WIRE)--Trinseo PLC (“Trinseo” or “the Company”)(NYSE: TSE), a specialty material solutions provider, today announced that a special purpose finance entity, Styron Receivables Funding Designated Activity Company, has entered into a $150 million non-recourse financing facility with credit funds and accounts managed by KKR, a leading global investment firm.

40

40

KKR

SEPTEMBER 10, 2024

NEW YORK & PHILADELPHIA--(BUSINESS WIRE)-- KKR, a leading global investment firm and The Penn Mutual Life Insurance Company (“Penn Mutual”) today announced the signing of a definitive agreement under which investment funds managed by KKR will acquire Janney Montgomery Scott LLC (“Janney” or the “Company”). This press release features multimedia.

40

40

KKR

SEPTEMBER 10, 2024

BELLEVUE, Wash. & NEW YORK & EVANSVILLE, Ind.--(BUSINESS WIRE)--T-Mobile (NASDAQ: TMUS), America's 5G leader and fastest-growing fixed wireless broadband provider, today announced it has entered into a definitive agreement to establish a joint venture (JV) with leading global investment firm KKR (NYSE: KKR) that will acquire Metronet including its broadband infrastructure, rapidly growing residential fiber business operations and existing customers.

40

40

KKR

SEPTEMBER 10, 2024

All Employees to Become Owners in the Company JOPLIN, Mo. & NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that investment funds managed by KKR have acquired Marmic Fire & Safety (“Marmic” or the “Company”), a leading provider of regulation-mandated fire equipment inspection, testing and maintenance services, from HGGC.

40

40

KKR

SEPTEMBER 10, 2024

SALT LAKE CITY, July 25, 2024 /PRNewswire/ -- Instructure Holdings, Inc. (NYSE: INST) ("Instructure"), a leading learning ecosystem, today announced that it has entered into a definitive agreement to be acquired by investment funds managed by KKR, a leading global investment firm, for $23.60 per share in an all-cash transaction valued at an enterprise value of approximately $4.8 billion.

40

40

KKR

SEPTEMBER 10, 2024

KKR’s majority equity investment and arrangement of a new development facility to accelerate the deployment of Avantus’ pipeline, including some of the nation’s largest solar and energy storage projects NEW YORK--(BUSINESS WIRE)-- Today, Avantus, a premier U.S. developer of utility-scale solar and solar-plus-storage projects, and KKR, a leading global investment firm, announced the completion.

40

40

KKR

SEPTEMBER 10, 2024

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) today reported its second quarter 2024 results, which have been posted to the Investor Center section of KKR’s website at [link] This press release features multimedia. View the full release here: [link] A conference call to discuss KKR’s financial.

40

40

KKR

SEPTEMBER 10, 2024

NEW YORK & LONDON--(BUSINESS WIRE)-- KKR today announced the acquisition of WPP’s full equity position in FGS Global (“FGS” or the “Company”), the preeminent global communications and public affairs consultancy. The proposed transaction is supported by FGS management, builds on KKR’s initial minority investment in July 2023, and values FGS at US $1.7 billion.

40

40

KKR

SEPTEMBER 10, 2024

NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that KKR has acquired a portfolio of six well-located, Class A industrial logistics properties in major U.S. Gateway and Sunbelt markets for approximately $377 million. The six modern industrial properties possess an average vintage of 2014 and feature 35-foot average clear heights.

40

40

KKR

SEPTEMBER 10, 2024

New investment supports Varsity Brands’ growth strategy and mission to serve sports teams, schools, and student-athletes DALLAS & NEW YORK--(BUSINESS WIRE)-- Varsity Brands (the “Company”), a leader in team sports, athletics and spirit, and KKR, a leading global investment firm, today announced the completion of the acquisition of Varsity Brands by KKR from Bain Capital and Charlesbank.

40

40

KKR

SEPTEMBER 10, 2024

27 August 2024 – Orchid Lux HoldCo S.à r.l. (“Bidder”), a holding company controlled by investment funds, vehicles and/or accounts advised and managed by various subsidiaries of Kohlberg Kravis Roberts & Co. L.P. (“KKR”), today announced the receipt of the last outstanding regulatory approval for the voluntary public tender offer for the shares (ISIN: DE0005936124) of OHB SE (“OHB”).

40

40

KKR

SEPTEMBER 10, 2024

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) announced today that Raj Agrawal, Partner and Global Head of Infrastructure, will present at the Barclays Global Financial Services Conference on Monday, September 9, 2024 at 9:45 AM ET. A live webcast of the presentation will be available on the Investor Center section of KKR’s website at [link] For.

40

40

KKR

SEPTEMBER 10, 2024

London, 3 September 2024 – KKR and Mirastar, KKR Real Estate’s industrial and logistics platform in Europe, have completed the off-market acquisition of a prime UK logistics portfolio from PLP, totalling 890,364 square feet across five assets. The portfolio is currently 80% let, with a weighted average lease term to break of 10 years. The assets provide best-in-class specifications, including BREEAM Very Good certifications and EPC A+ ratings.

40

40