UGI CORP /PA/ (UGI): Entry into a Material Definitive Agreement

KKR offered $9B to acquire UGI at $42.50 per share, a premium over its $37.59 closing price, aiming to expand in Europe. KKR also invested in Ci FLAVORS, acquiring its beauty brands while keeping existing investors as minority shareholders.

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 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.

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.

Reuters, citing the Wall Street Journal, reported that KKR has made a $9 billion takeover bid for UGI Corp, valuing it at $42.50 per share, a 21.1% premium to Monday’s close. UGI shares rose more than 12% early Tuesday. The report links demand growth from AI data centers to renewed focus on natural gas and power distribution.