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KKR Exclusive: New $2.7bn Global Atlantic Acquisition Deep-Dive

KKR & Co. is expanding its presence in the insurance sector with the acquisition of the remaining 37% stake of insurer Global Atlantic.

KKR co-founders and leaders, Henry R. Kravis and George R. Roberts, drive expansion with Global Atlantic acquisition. PHOTO: Shutterstock/ALP

The buyout firm will pay approximately $2.7 billion in cash for the stake, funding the purchase from its own balance sheet, which had $23 billion in cash and

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