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The amount KKR agreed to pay to settle a case with the Justice Department alleging that the private-equity giant withheld and altered documents in premerger filings. The previous record, a $12 million penalty, was collectively held by Edwards Lifesciences and Genesis MedTech. The DOJ said late yesterday that KKR failed to make complete and accurate filings for at least 16 deals in 2021 and 2022.
Vertis is in advanced talks to buy eight road assets from Megha Engineering, valued at about $800 million including debt.
Private capital is pouring into AI data center buildout, Adobe can’t shake software fears, this vacation destination is getting cheaper, and more news to start your day.
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