Uploaded by FinancialNewsOnline on Nov 28, 2011
KKR (NYSE:KKR) announced the signing of a definitive agreement to acquire Capital Safety, a leading provider of fall protection equipment, from Arle Capital Partners, for $1.12 billion.
The closing transaction, expected to be in January, is subject to customary closing conditions, including regulatory approval.
KKR & Co (NYSE:KKR) has potential upside of 39.4% based on a current price of $11.93 and an average consensus analyst price target of $16.63.
KKR & Co is currently below its 50-day moving average (MA) of $12.04 and below its 200-day MA of $14.73.
The closing transaction, expected to be in January, is subject to customary closing conditions, including regulatory approval.
KKR & Co (NYSE:KKR) has potential upside of 39.4% based on a current price of $11.93 and an average consensus analyst price target of $16.63.
KKR & Co is currently below its 50-day moving average (MA) of $12.04 and below its 200-day MA of $14.73.
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