KKR & Co. Inc. shares fall 1.57% intraday after UK CMA launches phase 1 investigation of acquisition.

KKR & Co. Inc. declined 1.57% in intraday trading. The company appointed Adam Selipsky, former CEO of Amazon Web Services (AWS), as a Senior Technology and AI Strategy Advisor, which could be seen as a positive move for the firm's digital infrastructure and AI investments. However, the stock's decline may be attributed to the Competition and Markets Authority (CMA) launching a probe into the $2.4 billion purchase of British healthcare real estate investor Assura by rival Primary Health Properties, which could potentially impact KKR's investments in the UK.