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KKR eyes UGI Corp in $9 Billion Deal
18 Aug
Summary
- KKR has offered to acquire UGI Corp.
- The proposed deal is valued at $9 billion.
- The offer price stands at $42.50 per share.
KKR, a prominent private equity firm, has reportedly submitted a $9 billion offer to purchase UGI Corp. The U.S. distributor of natural gas and electricity is being eyed for acquisition.
The offer places UGI Corp.'s valuation at $42.50 for each share. This development was reported by the Wall Street Journal, citing sources familiar with the matter.
Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
