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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Post by wallop13on Jul 31, 2016 3:05am
373 Views
Post# 25098995

A Coincidence???

A Coincidence???I seen an article that said KKR, Apollo Global Management, and the Carlyle Group are interested in buying HPE in a possible $40 billion-plus deal. I found this interesting because 2 of these companies were reportedly interested in buying CXR. I also thought I remembered hearing KKR was a CXR shareholder, so I took a closer look. What I found was interesting.

Turns out as of last filing KKR had sold all of their AGN shares . This same filling shows KKR increased their shares in CXR by  425%. They now own 5% of the company. In addition to this I noticed KKR bought a new 5% stake in Walgreens/Boots, a stake worth over 4 billion. Walgreens/Boots has 13,100 stores in 11 countries with the majority of those stores in the US and UK. Maybe a coincidence...... maybe not. I guess we'll see.
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