There was news released on Aug 23 that KKR
wants to purchase the auto parts unit from Fiat Chrysler for 5.8 billion euro
. The stock gapped up next day, but didn't vary during the day. Second day from the news it increased $1 from $16.86 to $17.87. Now KKR
is offering more money than before (6.2 billion euro
), so I expect the price should go up in premarket. The reaction at the time on KKR
was not clear, I don't know if the investors perceived it as good news, bad news or who cares news.