Lowe's shares rise after announcing a 5% increase in quarterly dividend, reflecting confidence in growth strategy and delivering long-term shareholder value, alongside ts recently announced better-than-expected first-quarter earnings.
KKR and TPG are reportedly exploring options to buyout PropertyGuru, a Southeast Asian online real estate platform. KKR also acquired minority stakes in Infinx and Perpetual.
KKR acquires SunFireMatrix, Inc., a software and tech-enabled services platform for insurance and health plan markets. KKR to fund investment through HCSG Fund II. Funds managed by Stone Point Capital LLC, SunFireMatrix's previous majority owner, will remain a significant minority shareholder.