24/7 Wall St.
07-28-2008, 05:00 AM
24/7 Wall St. Daily News
The Wall Street Journal reports that, when legendary buyout shop KKR debuts on the NYSE it will sport a market value of between $12 billion and $15 billion -- roughly 10-12 times 2009 earnings versus rival firm Blackstone Group's (BX) multiple of 13. http://feeds.feedburner.com/~f/typepad/RyNm?i=qlG9NJ</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=qlG9NJ) http://feeds.feedburner.com/~f/typepad/RyNm?i=3cWbvJ</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=3cWbvJ) http://feeds.feedburner.com/~f/typepad/RyNm?i=pohZTj</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=pohZTj)
complete story here... (http://www.247wallst.com/2008/07/kkr-ipo-bodes-i.html)
The Wall Street Journal reports that, when legendary buyout shop KKR debuts on the NYSE it will sport a market value of between $12 billion and $15 billion -- roughly 10-12 times 2009 earnings versus rival firm Blackstone Group's (BX) multiple of 13. http://feeds.feedburner.com/~f/typepad/RyNm?i=qlG9NJ</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=qlG9NJ) http://feeds.feedburner.com/~f/typepad/RyNm?i=3cWbvJ</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=3cWbvJ) http://feeds.feedburner.com/~f/typepad/RyNm?i=pohZTj</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=pohZTj)
complete story here... (http://www.247wallst.com/2008/07/kkr-ipo-bodes-i.html)