'KKR Makes $9 Billion Takeover Bid For Natural Gas And Electricity Distributor; Pennsylvania-Based UGI’s Shares Are Little Changed Over The Past Year' - WSJ Exclusive

KKR Doubles Private Debt Deals to $80 Billion as AI Spending Explodes

KKR has expanded its private investment-grade financing business this year, with deal activity reaching more than twice last year’s level.

Shares of financial companies are trading lower amid overall market weakness after Fed Chairman Warsh took a hawkish tone in his press conference and Q&A session after the FOMC rate hike.

Fortress Co-CEO Warns Private Credit On AI Deals: 'You're Not Getting Paid For That Upside'

Fortress Investment co-CEO Jack Neumark is warning private credit lenders not to chase AI infrastructure deals out of fear of missing out.

Realty Income Teams Up With KKR: Can Private Capital Drive Growth?

Realty Income will retain 51% ownership of a 54-property European net lease venture while KKR invests €528 million for 49%, with KKR's returns capped at 6.3%-6.5% IRR. The deal reflects Realty Income's shift toward private capital funding, with public equity comprising only 18% of first-half 2026 investments versus a historical 47% average. The company raised its 2026 investment guidance to $10 billion, and the venture is expected to close September 30.

Jefferies Upgrades UGI to Buy, Raises Price Target to $43

Jefferies analyst Julien Dumoulin-Smith upgrades UGI (NYSE:UGI) from Hold to Buy and raises the price target from $40 to $43.

Top 2 Utilities Stocks That May Crash In Q3

Warning for momentum investors: The RSI indicator shows that York Water and UGI Corp are overbought. Both stocks have seen recent gains and high RSI values.