KKR To Acquire Minority Interest In BookMyShow

UGI Corporation (NYSE:UGI) rose 9.4% to $38.39 after The Wall Street Journal reported a $9 billion acquisition offer from KKR & Co. (NYSE:KKR) at $42.50 per share, a 21.1% premium over Monday's close. UGI, which operates in energy distribution and utilities, did not confirm the offer. The company reaffirmed its fiscal 2026 EPS guidance of $2.75-$2.90, and the reported bid values it at around 15 times the midpoint of that range. UGI is also involved in AI data center projects, partnering with Pri

KKR and Energy Capital Partners agreed to acquire DCC Energy for £5.75bn, offering 6,500 pence per share plus a dividend. The deal, pending shareholder and regulatory approval, follows a three-month standoff and investor pushback. DCC Energy's board supports the offer, while some major shareholders, including Aviva and Fidelity, argue it undervalues the company. DCC Energy reported £15.4bn in revenue and £634.0m in adjusted operating profit for the year ended 31 March 2026. The shareholder vote

KKR offered $9B to acquire UGI Corp., valuing it at $42.50 per share, a 21.1% premium. UGI shares rose 11%, while KKR's stock fell 1.3%. The deal reflects growing demand for energy infrastructure, driven by AI data centers and other large power users.

Private equity investment in oil, gas, and coal reached $14.7B by July, exceeding 2025's total of $8.24B. KKR (NYSE:KKR) and Energy Capital Partners led with a $9.73B acquisition of DCC Energy. Europe saw the most activity, driven by efforts to reduce reliance on Russian gas. Investments span refining, storage, and infrastructure, with AI and data centers increasing demand.

KKR reportedly bid $9B for UGI Corporation, a utility holding company with significant Marcellus midstream assets in NEPA, according to Wall Street rumors. The deal, if confirmed, would impact UGI's stake in regional energy infrastructure.

Two utility stocks, York Water (YORW) and UGI (UGI), are flagged as overbought with RSI values of 71.5 and 78.7, respectively. YORW posted strong Q2 earnings, while UGI received a takeover bid from KKR (KKR) for $9 billion. YORW shares rose 0.9% to $33.36, and UGI gained 9.4% to $38.39 on Tuesday.