KKR makes $9 billion takeover bid for energy distributor UGI, WSJ reports
Aug 18 (Reuters) - Private equity firm KKR has offered to buy U.S. natural gas and electricity distributor UGI Corp for $9 billion, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
Reported by 1 outlet — Investing.com · Stock Market. See all sources ↓
Aug 18 (Reuters) - Private equity firm KKR has offered to buy U.S. natural gas and electricity distributor UGI Corp for $9 billion, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. The offer values UGI at $42.50 per share, the report said. This represents a premium of 21.1% to UGI’s closing price on Monday, according to Reuters calculations.
Read the full report at Investing.com · Stock Market ↗
Why it matters
A world story we're tracking; its significance and source trust firm up as more outlets confirm it.
- What's the story?
- Aug 18 (Reuters) - Private equity firm KKR has offered to buy U.S. natural gas and electricity distributor UGI Corp for $9 billion, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
- How widely is it covered?
- 1 outlet, average source rating 6.0/10.
- When was it last updated?
- 2m ago.
How outlets are framing the same story
Here's how each outlet is covering the story — compare their headlines and timing at a glance.
- Coverage card1 outlet1CoverageScouting report
KKR makes $9 billion takeover bid for energy distributor UGI, WSJ reports
Sources1TypeCoverageInvesting.com · Stock Market