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KKR & Co (NYSE:KKR): Current Price $17.05
A consortium that includes private equity firms KKR & Co (NYSE:KKR) and Apex Partners LLP along with Gavea Investimentos Ltda, owned by JPMorgan Chase & Co. (NYSE:JPM), and Cambuhy Investimentos Ltda is likely to bid almost €5 billion, or $6.8 billion, for Vivendi SA’s GVT phone unit in Brazil, says Bloomberg. That would compete with US satellite television provider DirecTV (NASDAQ:DTV), who is keen to acquire the GVT unit because of the synergies that deal could provide along with the opportunity to tap into a fast growing pay-TV and Internet service market in Latin America. Direct TV may perhaps offer a bid closer to Vivendi’s expectations, though DirecTV Chief Executive Officer Mike White says, “I see it as a nice-to-have, not a must-have.”
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