Browsing Tag
KKR
124 posts
Spero Therapeutics (Nasdaq: SPRO) pivots to immunology after Utebzi approval and $105m financing
Spero Therapeutics uses Utebzi royalties to fund an Innovent immunology pivot. Read how SPRO’s cash runway, CD40L bet and stock discount fit together.
First Philippine Holdings confirms KKR proposal to take First Gen private at ₱35 per share
KKR's ₱35 per share proposal would hand First Philippine Holdings a ₱10.6bn windfall and lift KKR's First Gen stake toward 40% while Lopez family retains control.
South Korea’s Lotte sells car rental unit to TPG for $925m
TPG's 1.31 trillion won Lotte Rental deal hands Lotte Group liquidity at a discount to the collapsed Affinity bid, with KFTC review still the last hurdle.
Why Westpac Banking (ASX: WBC) shares fell over 4% despite a A$1.8bn Q3 profit print
Westpac posts Q3 profit of A$1.8bn and pro forma CET1 of 12.3%, setting up a probable November FY26 buyback as mortgage volumes drop 20% since May.
Serentica commissions 200MWh Bikaner battery as 1GWh industrial storage plan faces scale test
Serentica Renewables has commissioned the first 200MWh phase of its planned 1GWh battery system in Bikaner, creating an operating bridge between daytime renewable generation and nighttime industrial demand. The larger test is whether the KKR-backed developer can complete the remaining capacity, maintain dependable time-block delivery and convert a 7GWh procurement pipeline into commercially viable assets.
KKR takes Integer private for $5.7bn as device manufacturing growth slows
KKR’s $5.7 billion Integer deal offers a 52% premium as weaker near-term device sales contrast with durable manufacturing demand.
Steadfast Group (ASX: SDF) rises as A$6 bid reaches August test
Steadfast trades 14% below its A$6 proposal. A binding deal or August 26 earnings will decide whether the ASX: SDF gap can close.
Greenvolt opens 200MW Turośń battery as Poland turns storage into grid infrastructure
Greenvolt Power has completed one of Poland’s largest battery energy storage facilities, combining 200MW of power with four hours of storage. The 17-year capacity-market contract provides long-term visibility from 2028, but merchant revenues, battery performance and portfolio execution will determine the project’s full value.
Project Peregrine: Kuwait Petroleum seals $16bn pipeline pact with Blackstone, Brookfield, KKR
Kuwait's $16 billion Project Peregrine hands Blackstone, Brookfield and KKR a 49% stake and ties their return to a 2035 target of 4 million barrels a day.
Aditya Birla Renewables to buy Shell’s Sprng Energy in $1.8bn deal, doubling scale in India’s clean power race
Aditya Birla Renewables signs ₹17,200 crore deal for Shell's Sprng Energy, doubling scale, but integration and closing adjustments will decide real value.