.
MergerLinks Header Logo

Announced

Completed

KKR & Co completed the acquisition of ContourGlobal for $2.14bn.

Financials

Edit Data
Transaction Value£1,750m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales2.9x
EV/EBITDA7.87x
Share Price Premium36%
One Off Charge-

Tags

Edit

energy infrastructure

Single Bidder

United Kingdom

Oil Equipment and Services

Acquisition

Public

Private Equity

Cross Border

Majority

power generation

Friendly

Completed

Privatisation

Synopsis

Edit

KKR & Co completed the acquisition of ContourGlobal, a firm that develops, acquires, owns and operates wholesale power generation businesses, for $2.14bn. "ContourGlobal is an outstanding business with a strong portfolio of assets. The management team of ContourGlobal and our employees have delivered an excellent track record of developing and operating the portfolio, and notwithstanding the strong prospects for the business, the Board of ContourGlobal believes that the offer provides an opportunity for all shareholders to crystallise their investment in ContourGlobal at an attractive price. The Board of ContourGlobal welcomes KKR's intention to provide capital and operational expertise to support ContourGlobal's strategy, including accelerating investments in the energy transition," Craig A. Huff, ContourGlobal Chairman of the Board.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US