KKR & Co. Inc. (NYSE:KKR) is one of the best US stocks to buy and hold for the next 3 years. On March 31, KKR and Taiyo Holdings announced an agreement for KKR to acquire the company through a tender offer, leading to its privatization. The transaction received unanimous support from Taiyo Holdings’ Board of Directors, as well as key stakeholders, including the founding family and the largest shareholder, DIC Corporation. Currently, KKR has secured support from shareholders representing ~42.2% of the company’s outstanding shares.

The tender offer is priced at JPY 4,750 per common share, representing a significant premium over historical unaffected closing prices. By transitioning to a private entity, Taiyo Holdings aims to accelerate its ‘Beyond Imagination 2030’ management plan and focus on growth opportunities in GenAI, data centers, and pharmaceutical contract manufacturing. Management concluded that KKR’s global network and operational expertise provide the best pathway for long-term value creation.

Following the completion of the tender offer, the founding family intends to reinvest in the KKR-managed vehicle that will own the company. KKR & Co. Inc. (NYSE:KKR) is making this acquisition as part of its Asia Pacific private equity strategy. The commencement of the offer remains subject to customary conditions and various regulatory approvals.

KKR & Co. Inc. (NYSE:KKR) is a financial services company that operates as a private equity & real estate investment firm. The company invests in industries like software, fintech, data & information, security, semiconductors, IoT, and IT infrastructure.

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