KKR Settles DOJ Allegations with $250 Million Payment Amid Increased Antitrust Scrutiny
Private equity giant KKR & Co. has agreed to pay $250 million to settle allegations made by the U.S. Department of Justice (DOJ) regarding its compliance with pre-merger filing requirements. The DOJ accused KKR of failing to provide required notifications under the Hart-Scott-Rodino Antitrust Improvements Act (HSR Act) before executing several transactions, a critical stipulation…