KKR, Bain Preparing for New IPOs: Report

Friday, 09 Apr 2010 07:40 AM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
U.S. private equity firms Kohlberg Kravis Roberts and Bain Capital are preparing for initial public offerings of Toys "R" Us and NXP SemiConductors, the Wall Street Journal said, citing people familiar with the deals.

Dutch semiconductor company NXP, which was spun off from Philips Electronics in 2006, is planning to raise more than $1 billion through an IPO, the Journal said, citing people familiar with the situation.

KKR and Bain could partially cash out their stakes and return money to investors, or use the proceeds to pay down the sizable debt used to finance the takeovers, the Journal said.

The IPOs are expected to be priced in the coming months provided stock markets remain stable, the paper said.

Private equity firms have been taking advantage of improved stock market conditions to take investments public after a long drought.

The two firms have also planned an initial public offering of hospital chain HCA that could be worth up to $4.5 billion.

Nashville, Tenn.-based HCA could file as soon as mid-May and debut in mid-July.

The Journal also said discount retailer Dollar General is expected to announce a new stock offering as early as next week, citing people familiar with the situation.

KKR and Bain were not reachable for a comment by Reuters outside regular U.S. business hours.

© 2014 Thomson/Reuters. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Nancy Snyderman, NBC Crew Freed From Ebola Quarantine

Wednesday, 22 Oct 2014 19:47 PM

NBC News' chief medical editor, Dr. Nancy Snyderman, and the rest of her crew have been released from their 21-day Ebola . . .

Report: Secret Service Blasted Again for Improper Behavior

Wednesday, 22 Oct 2014 18:51 PM

The Secret Service is in trouble again, this time over a report that agents improperly became involved in a domestic has . . .

John McCain: Pentagon Press Secretary Is an 'Idiot'

Wednesday, 22 Oct 2014 17:46 PM

A disgusted Sen. John McCain called the Pentagon press secretary an "idiot" for giving a rambling, convoluted assessment . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved