Alternative asset manager Blue Owl finalises Kuvare acquisition [Yahoo! Finance]
Blue Owl Capital Inc. Class A (OWL)
Company Research
Source: Yahoo! Finance
Kuvare Insurance Services, which trades as KAM, was established in 2015. It operates various insurance and reinsurance businesses, managing around $20bn of assets as of 31 May 2024. Blue Owl Capital paid around $750m for the acquisition, announced in April 2024. It was funded through a mix of $325m in cash and $425m in Blue Owl Class A common stock. The deal consideration can be hiked by $250m if some revenue goals are satisfied. The completion of the deal comes after the companies secured the necessary regulatory approvals and fulfilled required closing conditions, including specified termination rights. Blue Owl Capital's move to acquire KAM is set to enhance its capacity to cater to the insurance market at scale. The deal marks a significant expansion of Blue Owl's existing services and the launch of a new division, Blue Owl Insurance Solutions. Blue Owl Insurance Solutions aims to integrate the company's alternative investment approach with expanded capabilities, ad
Show less
Read more
Impact Snapshot
Event Time:
OWL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
OWL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
OWL alerts
High impacting Blue Owl Capital Inc. Class A news events
Weekly update
A roundup of the hottest topics
OWL
News
- Blue Owl Capital Inc. in talks to acquire data center company IPI Partners - report [Seeking Alpha]Seeking Alpha
- Will The NHL's Strong Economic Picture Lead To Long-Term Labor Peace? [Forbes]Forbes
- Blue Owl Capital Completes Acquisition of Atalaya Capital Management's BusinessPR Newswire
- BNY introduces Alts Bridge Platform [Yahoo! Finance]Yahoo! Finance
- Blue Owl Capital launches digital platform for private market access [Wealth Professional (Canada)]Wealth Professional
OWL
Earnings
- 8/1/24 - In-Line
OWL
Sec Filings
- 9/30/24 - Form 8-K/A
- 9/26/24 - Form EFFECT
- 9/25/24 - Form 424B3
- OWL's page on the SEC website