Tuesday, June 18, 2019
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KKR profit rises, assets rise

KKR & Co. reported significantly higher profits in the first quarter as it benefited from the sale of shares in companies such as GoDaddy Inc.

The private equity firm generated $ 709.3 million in profit in the first quarter, compared to $ 178.4 million in the same quarter last year.

The company recovered from booking a fourth quarter, …

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