WASHINGTON (Reuters) -The U.S. filed a civil lawsuit on Tuesday against private equity firm KKR & Co ( KKR ), for repeatedly flouting the premerger antitrust review process, alleging the company avoided antitrust scrutiny for at least 16 deals from 2021 to 2022. Through document omissions, alterations, and failures to report deals, KKR threatened the integrity of the (Antitrust) Division's...

WASHINGTON, Jan 14 (Reuters) - The U.S. Department of Justice on Tuesday said it had filed a civil lawsuit against KKR & Co Inc ( KKR ) for repeatedly flouting the premerger antitrust review process, alleging that the company had evaded antitrust scrutiny for at least 16 separate transactions from 2021 to 2022. ...

SAN FRANCISCO (Reuters) - ChatGPT maker OpenAI said on Tuesday private equity veteran Adebayo Ogunlesi, who is currently the CEO of Global Infrastructure Partners (GIP), has joined its board.  Ogunlesi, 71, will be advising OpenAI on securing access to the infrastructure necessary for advancing its artificial intelligence development, OpenAI said in a statement. Founded in 2006, GIP is a PE...

EMCOR Group, Inc. ( EME ) shares are trading higher on Tuesday after the company disclosed a deal to acquire Miller Electric Company for $865 million in cash. Miller Electric provides design, installation, maintenance, and upgrades for complex electrical systems across the Southeast, serving over 1,000 clients in sectors like data centers, manufacturing, and healthcare. The deal, unanimously approved by...