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Stock impact report

Brookfield-Led Group Buys 53% of Neoen, Paving Way for Takeover [Yahoo! Finance]

KKR & Co. Inc. (KKR) 
Last kkr & co. inc. earnings: 1/31 06:50 am Check Earnings Report
US:NYSE Investor Relations: ir.kkr.com
Company Research Source: Yahoo! Finance
closer to a €6.1 billion ($6.4 billion) takeover of Neoen SA, completing the purchase of about 53% of its shares. Most Read from Bloomberg Ho Chi Minh City Opens First Metro Line After Years of Delay Brookfield and partners acquired the controlling stake in the French renewables developer from shareholders including Impala SAS at €39.85 a share. They confirmed plans to open a tender offer for the rest of the stock at the same price, with a view to taking the firm private. Investors seeking exposure to the clean-power sector amid growing demand for low-carbon energy are pouring funds into renewables developers, which need large amounts of capital to build solar, wind and battery-storage parks. KKR & Co. in March offered to buy Germany's Encavis AG in a €2.8 billion deal, while EQT AB bid 16.4 billion Swedish kronor ($1.5 billion) for wind developer OX2 AB in May. In June, Emirati renewables producer Masdar agreed to buy Terna Energy SA in a €2.4 billion transaction. Ex-CEO Show less Read more
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