KKR to Go Public on NYSE: Report

Kohlberg Kravis Roberts, the firm behind some of the best-known private takeovers in history, wants to take itself public soon, according to a published media report.

The private-equity outfit, which was founded in 1976 by Henry Kravis and George Roberts, wants to list itself on the New York Stock Exchange in a transaction that could value it between $12 billion and $15 billion, according to a report Sunday on The Wall Street Journal's Web site.

KKR plans to tell investors Monday that its shares should be valued at 10 to 12 times 2009 earnings, which are estimated at $1.2 billion, said the Journal report, which cited anonymous sources familiar with the matter. ...