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via finance.yahoo.comCapital Markets

KKR to sell Infinity Transportation to Ares for $2.9 billion

FROM THE WIRE · FINANCE.YAHOO.COM

NEW YORK, October 19, 2026--(BUSINESS WIRE)--KKR & Co. Inc. (NYSE: KKR) and Ares Management Corporation (NYSE: ARES) ("Ares") today announced a definitive agreement under which KKR will sell Infinity Transportation ("Infinity" or the "Company"), a scaled, full-service railcar…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralA roughly $2.9 billion private equity deal, relevant for the alternative asset managers involved.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01KKR will sell Infinity Transportation to Ares funds at an enterprise value of about $2.9 billion.
  2. 02Infinity owns and manages approximately 50,000 railcars leased to more than 350 lessees.
  3. 03Closing is expected in the first quarter of 2027, subject to regulatory approvals.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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