Guiding Your Next Big Move
A KKR subsidiary has agreed to invest $150 million in cumulative convertible perpetual preferred stock, carrying a 5.00% cash dividend rate or, at FSK’s option, 7.00% in payment-in-kind dividends. The initial conversion price is $18.83 per share, matching the March 31 NAV.
The insurer also reported full-year direct written premiums of $289.8 million, down 15.3% from 2024. Fourth-quarter direct written premiums fell…
Allstate’s fourth-quarter net income applicable to common shareholders doubled to $3.8 billion from $1.9 billion a year earlier. Chair, president,…
The foundation, established in 2003, has invested more than $500 million in over 1,300 nonprofit organizations that provide services addressing…