---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-055118"
form_type: "8-K"
ticker: "KKR"
cik: "0001404912"
company_name: "KKR & Co. Inc."
filed_at: "2023-11-29T23:59:59+00:00"
generated_at: "2026-06-07T20:14:42.277071+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# KKR to acquire remaining 36.7% of Global Atlantic for ~$2.7B cash; expects Q1 2024 close

## Summary
- Cash purchase price approx. $2.7B for minority stake; management to rollover majority equity into KKR equity.
- Transaction expected to close Q1 2024, subject to customary conditions; funded from KKR balance sheet ($23B cash/investments).
- KKR also announces strategic initiatives: new 'Strategic Holdings' segment, compensation shift to carried interest, new 'Total Operating Earnings' metric.
- Global Atlantic AUM grew from $72B (2020) to $158B; KKR has been asset manager since 2021.
- Strategic initiatives contingent on closing; expected to be accretive to per-share earnings.

## SEC filing metadata
- accession: 0001140361-23-055118
- form_type: 8-K
- ticker: KKR
- cik: 0001404912
- company_name: KKR & Co. Inc.
- filed_at: 2023-11-29T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1404912/000114036123055118/0001140361-23-055118-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1404912/000114036123055118/ny20015492x1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-055118
- JSON: https://secwatch.observer/filing/0001140361-23-055118.json
- Plain text: https://secwatch.observer/filing/0001140361-23-055118.txt

## Key facts
- Material Agreements
  KKR & Co. Inc. entered into Merger Agreement with The Global Atlantic Financial Group LLC valued at approximately $2.7 billion (effective 2023-11-28).
  - Action: entry
  - Agreement: merger
  - Counterparty: The Global Atlantic Financial Group LLC
  - Value: approximately $2.7 billion
  - Effective: 2023-11-28
  source text: Sweetbay Merger Sub LLC, a direct subsidiary of Parent (“Merger Sub”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) with The Global Atlantic Financial Group LLC (“TGAFG” and, together with its subsidiaries, “Global
  evidence_url: https://www.sec.gov/Archives/edgar/data/1404912/000114036123055118/0001140361-23-055118-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.