KKR & Co. 8-K, filed Aug 27, 2026

Summary

KKR & Co. entered into a stipulation and order with the U.S. Department of Justice Antitrust Division on August 26, 2026 to resolve a civil antitrust complaint over Hart-Scott-Rodino premerger notification filings by its affiliates in 2021 and 2022, under which a KKR subsidiary would pay $250.0 million contingent on a proposed final judgment being approved by the Southern District of New York. The Antitrust Division terminated its related investigations, and KKR stated that it strongly disagrees with the Antitrust Division's characterization of the matter, that the civil penalty will be fully reimbursed by outside law firms and will have no financial impact on the firm, its funds, or its investors, and that it settled to avoid the distraction of ongoing litigation.

Key points

• The complaint, filed January 14, 2025 in the U.S. District Court for the Southern District of New York, concerned Hart-Scott-Rodino premerger notification requirements for transactions entered into by KKR affiliates in 2021 and 2022.
• Under the stipulation, a KKR subsidiary would pay $250.0 million to the Antitrust Division, which would release all defendants from the complaint's claims, contingent on a proposed final judgment taking effect.
• The Antitrust Division notified KKR that it terminated all related investigations against the company and its affiliates.
• The proposed final judgment requires judicial approval under the Antitrust Procedures and Penalties Act for a public-interest determination.

Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.