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KKR Strikes A Multibillion-Dollar Deal As Its Industrial Strategy Advances
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The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational. With a forward P/E ratio of 12.83, KKR & Co. Inc. (NYSE:KKR) is among the 10 Best Growth Stocks to Buy with Low P/E Ratios. On May 21, KKR & Co. Inc. (NYSE:KKR) and CIRCOR International announced a definitive agreement to sell CIRCOR Aerospace to Parker Hannifin Corporation for $2.55 billion. KKR originally acquired CIRCOR for $1.8 billion in 2023 and will retain ownership of the company’s Naval and Industrial businesses. The transaction highlights KKR’s continued focus on defense modernization and supply chain resilience, while also reflecting the firm’s strategy of scaling high-value industrial assets. The deal is expected to close in the second half of 2026, subject to regulatory approvals and customary closing conditions. On the same day, KKR & Co. Inc. (NYSE:KKR) announced an $80 million growth investment in Fresha, valuing the beauty and wellness technology platform at more than $1 billion. The investment underscores KKR’s continued focus on backing high-growth, technology-driven businesses with scalable global expansion opportunities. KKR’s capital and operational expertise are expected to support Fresha’s international growth initiatives and accelerate the development of AI-driven solutions aimed at modernizing operations across the beauty and wellness industry. KKR & Co. Inc. (NYSE:KKR) was founded in 1976 and is headquartered in New York City. Operating within the diversified financial services and alternative asset management industry, KKR manages investments across private equity, credit, infrastructure, and real estate markets globally. While we acknowledge the potential of KKR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 12 Best Future Stocks to Buy Right Now and 9 Best Space Stocks to Buy According to Reddit and Social Media. Disclosure: None. Follow Insider Monkey on Google News.
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