Advertisement
UK markets closed

  • FTSE 100

    8,433.76
    +52.41 (+0.63%)
     

  • FTSE 250

    20,645.38
    +114.08 (+0.56%)
     

  • AIM

    789.87
    +6.17 (+0.79%)
     

  • GBP/EUR

    1.1622
    +0.0011 (+0.09%)
     

  • GBP/USD

    1.2525
    +0.0001 (+0.01%)
     

  • Bitcoin GBP

    48,541.49
    -1,806.00 (-3.59%)
     

  • CMC Crypto 200

    1,262.33
    -95.68 (-7.05%)
     

  • S&P 500

    5,222.68
    +8.60 (+0.16%)
     

  • DOW

    39,512.84
    +125.08 (+0.32%)
     

  • CRUDE OIL

    78.20
    -1.06 (-1.34%)
     

  • GOLD FUTURES

    2,366.90
    +26.60 (+1.14%)
     

  • NIKKEI 225

    38,229.11
    +155.13 (+0.41%)
     

  • HANG SENG

    18,963.68
    +425.87 (+2.30%)
     

  • DAX

    18,772.85
    +86.25 (+0.46%)
     

  • CAC 40

    8,219.14
    +31.49 (+0.38%)
     
MONEY:

Best savings accounts that offer above inflation rates

How to earn the most interest on your savings

Buyout firm KKR says welcomes investment from activist ValueAct

Reuters

NEW YORK, April 27 (Reuters) - Buyout firm KKR & Co said on Thursday it welcomed the investment from activist shareholder ValueAct Capital, which currently owns less than five percent of KKR.

"We welcome ValueAct's ownership," Scott Nuttall, head of global capital and asset management group at KKR, told analysts on an earnings call. KKR had posted better-than-expected first-quarter results earlier on Thursday.

"We've had discussions, and I think they understand and share the vision we have for the business of the firm," Nuttall said.

ValueAct said for the first time earlier on Thursday that it had taken a stake in KKR. (Reporting by Koh Gui Qing; Editing by Chizu Nomiyama)