KKR Makes New Single-Family Rentals Bet as Wall Street Piles In

KKR Makes New Single-Family Rentals Bet as Wall Street Piles In

KKR & Co. is making a fresh play for the suburbs, forming a new single-family landlord, My Community Homes, that plans to buy and manage rental houses across the U.S. KKR is investing in the platform through its real estate and private credit funds, according to...
St. Modwen accepts Blackstone’s raised $1.75bn take-private offer

St. Modwen accepts Blackstone’s raised $1.75bn take-private offer

Housebuilder and logistics firm St. Modwen Properties said on Thursday it has agreed to a sweetened $1.75bn offer from U.S. private equity firm Blackstone to take it private. Demand for warehousing has soared as the pandemic accelerated a shift to online shopping and...
KKR to buy majority stake in New Zealand’s Education Perfect

KKR to buy majority stake in New Zealand’s Education Perfect

KKR has agreed to acquire a majority stake in New Zealand-based online education company Education Perfect from Mulpha International in a deal valuing the company at $319m, a spokeswoman said on Wednesday. Mulpha, which originally invested $11.21m in the online...
Autonomous trucking startup Embark to go public in $5.2bn SPAC deal

Autonomous trucking startup Embark to go public in $5.2bn SPAC deal

Five-year old self-driving truck startup Embark Trucks Inc. said Wednesday it would merge with special purpose acquisition company Northern Genesis Acquisition Corp. II in a deal valued at $5.2bn. Embark takes a different approach to autonomous trucking: As opposed to...