The Wall Street Journal

KKR Tries Playing the White Knight Against Some Activists

Private-equity firm will have a 12% stake in Henry Schein, with option to buy more

Henry Schein distributes medical and dental supplies to customers worldwide.
Henry Schein distributes medical and dental supplies to customers worldwide. Photo: Bruce Bennett/Getty Images

The private-equity firm KKR has taken a big stake in the medical- and dental-supply company Henry Schein and plans to work with the company to improve its operations. 

The details

KKR has amassed a large stake in the company and announced a deal Wednesday that includes increasing that stake to 12% with the option to buy up to 2.9% more in the future, confirming an earlier Wall Street Journal report. Henry Schein has agreed to give the private-equity firm two board seats. 

WSJ Logo