KKR Makes $9 Billion Takeover Bid for Energy Distributor UGI, WSJ Reports

UGI Shares Surge Following Unsolicited $9 Billion KKR Buyout Offer - UGI (NYSE:UGI)

Shares of UGI rally Tuesday afternoon following a Wall Street Journal report detailing a takeover bid.

KKR makes $9B takeover bid for gas and electricity distributor UGI - WSJ (UGI:NYSE)

Natural gas and electricity distributor UGI Corp. recently received a ~$9B takeover offer from KKR, The Wall Street Journal reported.

KKR Offers to Buy UGI Corp. for $42.50 a Share, Report Says

KKR & Co. has made a takeover offer of about $9 billion for natural gas and electricity distributor UGI Corp., according to the Wall Street Journal.

KKR makes $9 billion takeover bid for energy distributor UGI, WSJ reports

KKR $9B Bid for UGI Puts NEPA Marcellus Midstream Assets in Play - Marcellus Drilling News

A Wall Street rumor landed Tuesday that most of the financial press covered as a Wall Street story. We’re going to cover it as a Susquehanna County story — because buried inside UGI Corporation, the Valley Forge-based utility holding company that private equity giant KKR reportedly wants to buy for $9 billion, sits one of...

KKR targets $9bn acquisition of US gas and power distributor UGI

KKR has made a roughly $9bn offer to acquire UGI, the Pennsylvania-based natural gas and electricity distributor, in a move that could give the private equity firm exposure to rising demand for reliable power from artificial intelligence data centres, according to a report by the Wall Street Journal. The private equity firm has proposed paying $42.50 per share for UGI, according to people familiar with the matter. The offer represents a signific…