M&A
confidence high
sentiment neutral
materiality 0.40
KKR pro forma: Global Atlantic deal would have boosted 2023 EPS to $4.33 from $4.24
KKR & Co. Inc.
- KKR acquired remaining minority interests of Global Atlantic on Jan 2, 2024 for cash and exchangeable securities.
- Pro forma as of Dec 31, 2023: cash and cash equivalents reduced by $2.6B; stockholders' equity down $2.2B.
- For FY2023, pro forma net income attributable to KKR common stockholders increased to $3.8B from $3.7B; EPS to $4.33 from $4.24.