Tuesday, August 10, 2010

KKR says completes sale of new shares

Financial investor KKR says completes sale of new sharesTuesday 10 August 2010, 08:07 clock
Print this article[-] Text [+]New York (Reuters) - U.S. investment fund KKR has less than a month after its stock market debut in New York canceled the offer of new shares for sale to the public.This informed the company that is among the world's largest investment companies, on Monday in a letter to the SEC. KKR were reasons not to. KKR may revive the plans at any time.
When no new IPO shares had been issued. That KKR had announced plans to issue new securities in the amount of $ 500,000,000. The stock market was subject to wide fluctuations lately. This made it difficult for companies to bring new shares at the man.In addition to this cancellation KKR announced that they have achieved in the past quarter, a gain of $ 433,100,000, compared with a pro forma profit of $ 613,500,000 last year.In Germany, including ProSiebenSat.1, KKR for sale is on television, involving a forklift truck manufacturer Kion, at the workshop chain ATU and to the music rights business of Bertelsmann. Worldwide KKR holds shares in the retailer Dollar General and the hospital operator HCA.