Storied buyout firm Kohlberg Kravis Roberts & Co made its long-awaited debut on the New York Stock Exchange Thursday, and its shares moved slightly higher in the first few minutes of trading. Get the full story »
KKR & Co.
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KKR to be listed on NYSE next week; IPO soon
KKR & Co. said Tuesday that it will begin trading on the New York Stock Exchange on July 15 and revealed the multi-million-dollar paychecks its famous founders took home last year.
The private-equity firm, which will trade under the symbol KKR, is switching listing venues from NYSE Euronext Amsterdam. European shareholders’ stakes will be converted into NYSE-listed common units. A separate stock offering also is planned at some point after the listing, but it is unlikely to take place on the same date unless market conditions improve. Get the full story »
