KKR Taps Banks to Help With Hensoldt Float, Sources Say -Reuters

Date : 10/15/2019 @ 8:23PM
Source : Dow Jones News
Stock : Bank of America Corporation (BAC)
Quote : 34.71  -0.01 (-0.03%) @ 12:59AM
After Hours
Last Trade
Last $ 34.65 ▼ -0.06 (-0.17%)

KKR Taps Banks to Help With Hensoldt Float, Sources Say -Reuters

Historical Stock Chart

6 Months : From Jul 2019 to Jan 2020

Click Here for more KKR Charts.

--KKR & Co. Inc. (KKR) has tapped J.P. Morgan and Bank of America to help it with a stock market flotation of German defense company Hensoldt, Reuters reported Tuesday, citing "people close to the matter."

--The deal, which could see 20% to 30% of the German company listed on the Frankfurt stock exchange, may take place in the second quarter of next year and could value Hensoldt at around $2.2 billion, the report said.

--KKR, J.P. Morgan and Bank of America either declined comment or had no immediate comment, the report said.


Full story: https://www.reuters.com/article/us-hensoldt-sale/kkr-mandates-banks-for-defense-supplier-hensoldts-ipo-sources-idUSKBN1WU2B6


--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com


(END) Dow Jones Newswires

October 15, 2019 16:08 ET (20:08 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

Latest BAC Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....

No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts

Your Recent History
Gulf Keyst..
FTSE 100
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.