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KKR private equity growth drives earnings boost
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fnlondon.comKKR reported an increase in third-quarter earnings, and the portion of profits that it could return to shareholders more than doubled.
The private-equity firm reported net income of $1.13bn, or $1.80 per share, in the quarter ended 30 September, versus $1.06bn, or $1.79 a share, a year earlier.
Helping to drive the gain was a 9% appreciation...
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