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KKR Sees Real Estate Credit Boom: Shares Surge!
Wednesday, Jun 4, 2025 9:58 am ET1min read
KKR & Co. Inc. rose 1.00% during intraday trading. The company's stock price increased following the announcement that pulled out of a multi-billion pound funding plan for Thames Water, which moved the heavily indebted water company a step closer to nationalisation. The senior creditors of Thames Water submitted a long-term plan to fix the causes of the company's problems, indicating a potential market-led rescue.
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