Aug. 3 at 8:15 PM
KKR & Co. rose in afternoon trading after announcing a definitive agreement to acquire Integer Holdings in an all-cash deal valued at approximately
$5.7 billion in enterprise value. Integer shareholders will receive
$127 per share, and the transaction, unanimously approved by Integer's board following a strategic review, is expected to close before the end of 2026, taking the medical-device manufacturer private. The acquisition strengthens KKR's healthcare portfolio and ranks among its largest healthcare investments in recent years.
Investor sentiment was further supported by two additional transactions announced by KKR: the acquisition of a 50% stake in TotalEnergies' European onshore renewable energy portfolio, valued at €1.8 billion with 1.2 GW of wind and solar capacity across Germany, Spain, France, and Poland, and a reaffirmed consortium bid for Australian insurance distributor Steadfast Group worth A
$7.7 billion.
$KKR