The Latest Breaking News from KKR

Although KKR has considerably underperformed the broader market over the past year, Wall Street analysts maintain a highly optimistic outlook about the stock’s prospects.

On Monday, KKR Co. Inc. (NYSE:KKR) disclosed the plan to launch a tender offer for Japan-based company, Forum Engineering Inc., through its subsidiary KJ003 Co., Ltd., owned by KKR-managed funds.

Australia’s inability to close top MA deals is becoming a growing frustration. The collapse of Abu Dhabi National Oil Company’s (ADNOC) $18.7 billion takeover bid for Santos (OTCPK: SSLZY) (the nation’s biggest supplier of natural gas) earlier this month is just the latest example. Valuation disputes, regulatory hurdles, and unexpected…

Although KKR has lagged behind the Dow over the past year, analysts remain strongly optimistic about the stock’s prospects.

Sempra (NYSE:SRE) announced a $10 billion deal to sell a 45% stake in Sempra Infrastructure Partners to affiliates of KKR Co (NYSE:KKR) and Canada Pension Plan Investment Board.

Since Apollo Global Management has slightly outpaced the financial services sector over the past year, Wall Street analysts maintain a bullish outlook on its prospects.

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On CNBC's “Halftime Report Final Trades,” Bryn Talkington, managing partner of Requisite Capital Management, said the economy is slowing, not stalling. It's a great time to pick up KKR Co Inc. (NYSE:KRR) and if they execute, they’ll grow earnings and revenue at 30% next year, she added.

Despite interest rate headwinds from the Fed, institutions have been buying financial stocks like SCHW and KKR shares in bulk. Should you follow their lead?