UBS analyst Michael Brown reaffirmed a Buy rating on KKR & Co. Inc., setting a $123 price target, implying a 15% upside. KKR is selling USI Insurance Services to Aon plc for $17 billion, expected to yield $3.3 billion in after-tax proceeds and $2 billion in adjusted net income. This strategic divestiture provides KKR with significant capital to pursue new investment opportunities. Additionally, KKR's portfolio company Wella Company has filed for a U.S. IPO, signaling further growth potential for the firm and its investors.
KKR received a Buy rating from UBS as it sells USI Insurance Services to Aon for $17 billion, marking a major strategic move. Despite facing a record $250 million penalty from the Justice Department over premerger rules, analysts see potential positi...
KKR agreed to pay a record $250 million penalty for repeatedly ignoring premerger filing rules under the Hart-Scott-Rodino Act, the largest ever imposed. However, outside law firms will reimburse the entire amount, meaning KKR and its investors face ...
Aon Plc is close to finalizing a $17 billion deal to acquire USI Insurance Services from private equity firm KKR, including debt. The acquisition, possibly announced soon, would enhance Aon's capabilities in serving midsize businesses and is expected...
Aon is close to acquiring insurance brokerage USI from private equity firm KKR for about $17 billion including debt, potentially announcing the deal soon. USI specializes in risk management and employee benefits, generating around $3 billion in annua...
