KKR Agrees to Pay $2.7B for Full Control Over Annuity Issuer
December 1, 2023 by Allison Bell
KKR & Co. has agreed to pay $2.7 billion to acquire full control of Global Atlantic Financial Group, a life insurance and annuity insurer and reinsurer, from minority owners.
KKR already owns 63% of Global Atlantic’s stock. The minority-owner investors have 37%.
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Originally Posted at Think Advisor on November 30, 2023 by Allison Bell.
Categories: Industry Articles