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Way back when, it seemed that The Blackstone Group got the best of rival Kohlberg Kravis Roberts when it managed to go public first. That was a year and a half ago. KKR of course still hasn't gone... Read more...
Remember the many steps Kohlberg Kravis Roberts took to appease environmentalists that had issues with its plans for TXU? (See next item). Well, a... Read more...
The Blackstone Group may want to pay attention to this: Kohlberg Kravis Robert's ability to ink the TXU deal, in the worst of times, stems in large part from its ability to work with the many... Read more...
Good news for the banks that ended up holding $11 billion in bridge loans used to finance Kohlberg Kravis Robert's deal for TXU. Fortune notes Warren Buffett has apparently invested nearly $4 billion... Read more...
A lot of people were looking to TXU as kind of a Sallie Mae or First Data-type bellwether for the larger deal environment. If that is true, things are looking up. The deal has closed, without any... Read more...
The backlog of leveraged loans dipped below $300 billion recently. Most think it will go even lower this month, as $125 billion come to market. As long as the terms are right, there is fairly strong... Read more...
The news that Kohlberg Kravis Roberts has summoned top bankers from the likes of Goldman Sachs and Citigroup to talk about First Data is not a surprise. We've said it all along, Read more...