NEW YORK--(BUSINESS WIRE)--KKR & Co. Inc. (NYSE: KKR) today reported its fourth quarter 2025 results, which have been posted to the Investor Center section of KKR's website at https://ir.kkr.com/events-presentations/. A conference call to discuss KKR's financial results will be held today, Thursday, February 5, 2026 at 9:00 a.m. ET. The conference call may be accessed by dialing (877) 407-0312 (U.S. callers) or +1 (201) 389-0899 (non-U.S. callers); a pass code is not required. Additionally,. ...

Group 1 - KKR is set to acquire Arctos in a transaction valued at $1.4 billion [1]

Market Overview - Global markets showed mixed results on February 5, 2026, with Australia's ASX 200 index declining by 0.4% to 8,889.20 points, primarily due to weakness in the mining and technology sectors [2][3][9] - Cryptocurrency markets remained volatile, with Bitcoin dropping 3.2% to $70,261.77, continuing a downward trend influenced by weak demand and significant institutional outflows from Bitcoin ETFs [2][6][9] Asia-Pacific Economic Policy - In China, provincial governments have set 2026 GDP growth targets between 4.5% and 5.5%, indicating a strategic shift towards enhancing domestic demand and fostering technological innovation [4][9] - Japan's bond market saw the 2-year JGB yield increase by 1 basis point to 1.280%, amidst discussions on economic normalization and fiscal sustainability [5] Corporate Actions - KKR is set to acquire sports investment group Arctos in a $1.4 billion deal, reflecting ongoing interest in the sports investment sector [7] - Patrick Drahi, founder of Altice, has controversially shifted billions in assets away from creditors of Altice International, allowing Altice Portugal to raise €750 million in new debt, with potential for an additional €2 billion [8][9] - Canadian pension funds are planning to exit their stake in the UK's largest port operator in a £10 billion deal, indicating a shift in infrastructure investment strategies [10] Earnings and Analyst Revisions - Sony has raised its full-year profit outlook to a forecast of 1.540 trillion yen for fiscal 2025, up from 1.430 trillion yen, driven by strong demand in its chip division and intellectual property [11] - Ametek's price target has been increased to $265 by Davidson, reflecting positive sentiment among analysts regarding the company's future prospects [12]

Group 1 - The issuer of the securities is F.I.S. – Fabbrica Italiana Sintetici S.p.A, with an aggregate nominal amount of EUR 300 million and EUR 470 million [3] - The securities include a fixed-rate senior secured note (SSN FXD) due on February 5, 2031, and a floating-rate senior secured note (SSN FRN) [3] - The offer price for both types of securities is set at 100 [3] Group 2 - No stabilization activities were conducted by the Stabilisation Managers in relation to the securities offer [2] - The Stabilisation Managers include BNP Paribas, Goldman Sachs International, and several other major financial institutions [4] - The announcement clarifies that the securities are not offered for sale in the United States and have not been registered under the U.S. Securities Act of 1933 [5]

Core Viewpoint - KKR and Singtel announced a joint acquisition of the remaining 82% stake in ST Telemedia Global Data Centre (STT GDC) for 6.6 billion SGD (approximately 5.1 billion USD), with an enterprise value of about 13.8 billion SGD (approximately 10.9 billion USD) [1] Group 1: Transaction Details - The acquisition includes existing leveraged debt and committed capital expenditures [1] - After the transaction, KKR's stake will increase to 75% and Singtel's stake will be 25% [1] - The 1.75 billion SGD redeemable preferred shares to be invested by both parties in 2024 will convert to common shares [1] Group 2: Company Overview - STT GDC was established in 2014 and is headquartered in Singapore [1] - It is one of the largest data center operators in Asia, operating over 100 data centers in countries including India, South Korea, Japan, Malaysia, and the UK [1] - The designed capacity of STT GDC exceeds 2.3 GW [1]

Core Insights - KKR & Co. is preparing for its quarterly earnings release on February 5, 2026, with projected earnings per share (EPS) of $1.21 and revenue of approximately $1.78 billion [1][6] Revenue and Growth - KKR is expected to see a revenue increase driven by a 20.4% rise in management fees and a 16.1% growth in assets under management (AUM) for the fourth quarter of 2025 [2][6] - Despite an anticipated decline in earnings compared to the previous year, KKR has consistently outperformed earnings expectations, exceeding the Zacks Consensus Estimate in the last four quarters [2] Financial Performance - The divestiture of Janney units has allowed KKR to monetize assets and focus on its core alternative investments, with significant growth in AUM and transaction fees in its capital markets business [3] - KKR's earnings surpassed the Zacks Consensus Estimate in the preceding quarter, although rising expenses have presented challenges [3] Valuation Metrics - KKR's financial metrics indicate a price-to-earnings (P/E) ratio of approximately 39.14, a price-to-sales ratio of about 5.50, and an enterprise value to sales ratio of around 7.40 [4][6] - The enterprise value to operating cash flow ratio is approximately 23.51, with an earnings yield of about 2.55% [5] - KKR's debt-to-equity ratio stands at approximately 1.83, and its current ratio is around 4.20, indicating a strong ability to cover short-term liabilities [5]

Core Viewpoint - A consortium led by KKR and Singtel is acquiring the remaining 82% stake in ST Telemedia Global Data Centres (STT GDC) for S$6.6 billion ($5.1 billion), valuing the company at an enterprise value of approximately S$13.8 billion ($10.9 billion) [1][2] Group 1: Acquisition Details - The acquisition will result in KKR holding a 75% stake and Singtel owning 25% of STT GDC, following the conversion of existing redeemable preference shares [2] - The transaction follows an initial investment in 2024, where KKR and Singtel contributed S$1.75 billion through preference shares and warrants, marking Southeast Asia's largest digital infrastructure investment at that time [2] Group 2: Strategic Implications - KKR's co-head David Luboff emphasized the opportunity to support a high-quality platform and deepen the strategic partnership with Singtel, aiming to leverage KKR's global network and expertise in digital infrastructure for STT GDC's growth [3] - Singtel's CFO Arthur Lang stated that the acquisition is a significant step towards scaling their digital infrastructure growth engine as outlined in the Singtel28 growth plan, while maintaining capital allocation discipline [4] Group 3: Company Operations and Market Position - STT GDC, founded in 2014 and headquartered in Singapore, operates in 12 major markets across Asia Pacific, the UK, and Europe, with a total design capacity of 2.3GW [4] - The company provides colocation, connectivity, and support services for clients managing AI and cloud workloads that require substantial data processing resources [5] - STT GDC's president and CEO Bruno Lopez noted that the expanded investment from KKR and Singtel reflects confidence in the company's business quality and growth trajectory, aiming to enhance infrastructure for the digital economy [5] Group 4: Future Growth Potential - The consortium's combined expertise, regional networks, and financial strength position STT GDC to scale rapidly and capture significant growth in cloud and AI demand [6] - The completion of the acquisition is subject to regulatory approvals and standard closing conditions [6]

Core Insights - KKR and Singapore Telecommunications are acquiring the remaining 82% stake in ST Telemedia Global Data Centres for S$6.6 billion ($5.1 billion), valuing the enterprise at S$13.8 billion, amid rising demand for data centers driven by artificial intelligence [1][2] - Post-acquisition, KKR will hold a 75% stake in STT GDC, while Singtel will retain 25%, marking KKR's largest infrastructure investment in Asia Pacific [2] - The global data center market saw over $61 billion in investments last year, reflecting a growing need for infrastructure to support AI workloads [3] Company Insights - STT GDC, founded in 2014 and headquartered in Singapore, operates data centers across 12 markets in Asia Pacific, the UK, and Europe, with a design capacity of 2.3 gigawatts [5] - The company provides colocation, connectivity, and support services to hyperscalers and enterprise customers, enhancing Singtel's position in the global data center market [5] - KKR's investment is seen as a strategic move to capitalize on the long-term growth potential of digital infrastructure, as highlighted by KKR's co-head of Asia Pacific [4]

Core Viewpoint - A consortium led by KKR and Singapore Telecommunications is acquiring full control of ST Telemedia Global Data Centres for S$6.6 billion ($5.2 billion), highlighting the increasing demand for AI capacity and cloud services [1][2]. Group 1: Transaction Details - The deal represents the largest transaction in Singapore in four years and the biggest data centre deal in Southeast Asia, indicating a significant growth in computing capacity needs [2]. - The implied enterprise value of STT GDC is S$13.8 billion based on the acquisition price for the 82% stake not already owned by the consortium [1][3]. - The KKR-led consortium will acquire the remaining 82% stake from ST Telemedia, with KKR and Singtel holding 75% and 25% respectively post-transaction [4]. Group 2: Company and Market Impact - STT GDC, founded in 2014, has a design capacity of approximately 2.3 gigawatts across 12 major markets in the Asia Pacific, UK, and Europe, providing essential data centre services [3]. - The acquisition aligns with Singtel's strategy to enhance its digital infrastructure, positioning it as one of the largest data centre operators in Asia [5]. - Analysts suggest that Singtel's long-standing operational experience and infrastructure capabilities will enable it to capitalize on larger multi-market opportunities in the data centre sector [6].

Core Viewpoint - A consortium led by KKR and Singapore Telecommunications is acquiring the remaining 82% stake in ST Telemedia Global Data Centres for S$6.6 billion (approximately $5.2 billion), indicating a significant investment in the data center sector in Singapore [1] Group 1: Acquisition Details - The total cash payment for the acquisition is S$6.6 billion, which translates to $5.2 billion [1] - The acquisition will result in the consortium owning 100% of ST Telemedia Global Data Centres [1] Group 2: Valuation and Market Impact - The deal values ST Telemedia Global Data Centres at a substantial amount, reflecting the growing demand for data center services in the region [1] - This acquisition is part of a broader trend of increasing investments in digital infrastructure, particularly in Asia [1]