KKR withdraws from potential GlobalData takeover bid

LONDON - Private equity firm Kohlberg Kravis Roberts & Co. L.P. (KKR) has announced today that it no longer intends to make a takeover offer for GlobalData Plc, retracting its interest that was initially indicated on April 30, 2025. The statement, governed by Rule 2.8 of the City Code on Takeovers and Mergers, asserts that KKR, along with any aligned parties, will adhere to the restrictions detailed in the rule, barring certain conditions that might allow for a renewed bid.

KKR’s withdrawal follows a period of speculation regarding the potential acquisition of the data analytics and consulting company. Under the outlined provisions, KKR reserves the right to revisit its decision if there is an agreement with GlobalData’s Board of Directors, a competing offer emerges, GlobalData proposes a Rule 9 waiver or a reverse takeover, or if the Takeover Panel recognizes a significant change in circumstances.

The announcement from KKR also highlighted the possibility of purchasing GlobalData shares, subject to compliance with the Takeover Code and other applicable regulations. This move suggests that KKR might still consider some form of investment or strategic involvement with GlobalData, albeit not a full takeover as previously contemplated.

The disclosure of this decision is in line with the requirements of the Market Abuse Regulation (EU) No 596/2014, which, as incorporated into UK law, mandates the public release of inside information.

This development is significant for investors and market watchers who have been closely monitoring the situation since the initial expression of interest by KKR. The news may influence GlobalData’s share price and market perception, as well as impact the broader landscape of mergers and acquisitions in the data analytics sector.

Investors and interested parties are reminded that this information is based on a press release statement and should consider the implications of KKR’s decision within the context of the current market environment.

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