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KKR Investment
3 Months Ended
Mar. 29, 2025
KKR Investment [Abstract]  
KKR Investment
Note 18 – KKR Investment
 
On January 29, 2025, Henry Schein, Inc. announced a strategic investment
 
by funds affiliated with KKR, a leading
global investment firm.
 
In addition to KKR’s current holdings, KKR will make an additional $
250
 
million
investment in the Company’s common stock.
 
As a result, KKR will own approximately
12
% of the Company’s
stock.
 
KKR will also have the ability to purchase additional shares via
 
open market purchases up to a total equity
stake of
14.9
% of the outstanding common shares of the Company.
 
In addition, under the agreement
between Henry Schein and KKR,
two
 
independent directors will join our Board of Directors.
 
Upon consummation
of this strategic investment, we will issue new shares of common stock
 
to funds affiliated with KKR for an
investment of $
250
 
million, at approximately $
76.10
 
per share.
 
Consummation of these transactions is subject to
customary closing conditions, including certain foreign regulatory approvals.