KFN Acquisition Will Bolster KKR’s DistributionMani
KKR & Co. L.P. (NYSE:KKR)’s deal to acquire KKR Financial Holdings LLC (NYSE:KFN) will bolster KKR’s distribution and enhance its balance sheet composition, notes Citi.
William R Katz and Citi Research's team of analysts also point out the deal would, however, throw a few complexities to grapple with.
KKR’s announcement to acquire KFN
Yesterday, KKR made its surprise announcement that it will purchase KKR Financial Holdings LLC (NYSE:KFN), a specialty focused company, in an all . . .
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