Updated
Updated · Bloomberg · May 1
KKR hands over private legal communications in US antitrust probe
Updated
Updated · Bloomberg · May 1

KKR hands over private legal communications in US antitrust probe

3 articles · Updated · Bloomberg · May 1
  • The materials were given to the US Department of Justice as investigators examine whether the private equity group intentionally withheld deal information from antitrust enforcers.
  • The handover is unusual because it involves privileged exchanges with KKR's lawyers, potentially exposing internal legal advice during a sensitive competition investigation.
  • The case adds pressure on private capital firms' dealmaking practices and disclosure standards as US regulators scrutinise merger reporting and antitrust compliance more closely.
As prison sentences for antitrust crimes soar, what new personal risks do corporate dealmakers face?
With attorney-client privilege breached, what corporate communications are now at risk in antitrust probes?
Is private equity's 'buy-and-build' strategy now a direct path to a federal lawsuit?