KKR & Co. has agreed to a $250 million settlement with the U.S. Department of Justice (DOJ) Antitrust Division to resolve a civil complaint related to premerger notification requirements under the Hart-Scott-Rodino (HSR) Act. The complaint concerned transactions by KKR affiliates in 2021 and 2022. The company stated the penalty will have no financial impact as it will be fully reimbursed by outside law firms.
Key Details
- Settlement Amount: A KKR subsidiary will pay $250.0 million to the DOJ's Antitrust Division, contingent on court approval.
- Resolution: The agreement, dated August 26, 2026, resolves the DOJ's civil complaint filed in January 2025 and terminates all related investigations into the company's HSR filings.
- Financial Impact: KKR stated the penalty will have no financial impact on the firm, its funds, or investors, as the cost will be fully reimbursed by outside law firms.
- Company Stance: While KKR disagrees with the DOJ's claims, it settled to avoid the distraction of ongoing litigation, maintaining that it acted in good faith and consistent with industry practice.