(Bloomberg) — California regulators rejected PG&E Corp.’s proposal to spin off and sell a minority stake of its power generation business to raise funds for its operations. We apologize, but this ...
PG&E didn’t specify the potential KKR deal in its proposal. PG&E shares pared some earlier gains Thursday, closing up .3% to $17.90. PG&E said in a statement it was disappointed by the decision.
Perpetual’s $2.2 billion deal with Kohlberg Kravis Roberts & Co is continuing to make waves in the market. After an intriguing sell-side call on Wednesday morning where analysts hounded ...
California regulators have denied Pacific Gas & Electric’s (PG&E’s) plan to sell a multibillion-dollar stake in the utility’s power generation fleet to a New York-based investment firm.
Gift 5 articles to anyone you choose each month when you subscribe. Perpetual is battling to convince shareholders its $2.18 billion deal to sell its wealth management and corporate trust ...
The wealth powerhouse will be broken up, with KKR to walk away with the corporate trust and wealth management businesses. But shareholders are kept in the dark over the net proceeds as its shares ...
If the deal goes through, private equity giant KKR will walk away with the corporate trust and wealth management operations, as well as the Perpetual name. But shareholders have no idea what the ...
Marketscategory Perpetual to be broken up with name being sold to KKR in nearly $1 bln deal, AFR reports May 7, 2024 Marketscategory Philippines' PLDT in talks to sell up to 49% of data centre ...
Crescent Energy Inc. agreed to buy SilverBow Resources Inc., a rival oil and gas producer that’s in a proxy fight with its largest shareholder, for $2.1 billion. Each SilverBow share will be ...
Intel is in advanced talks for a transaction in which Apollo Global Management would supply more than $11 billion to help the chip giant build a plant in Ireland. The two firms are in exclusive ...
Intel is in advanced talks for a deal with Apollo Global Management which the equity firm would provide more than $11 billion to build a facility in Ireland, the Wall Street Journal reported today.
(Reuters) -Intel is in advanced talks for a deal with Apollo Global Management in which the equity firm would provide more than $11 billion to build a facility in Ireland, the Wall Street Journal ...