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Top 3 Utilities Stocks You May Want To Dump In January
According to reports, the national electrical utilities company and American private equity fund KKR (KKR.US) plan to bid for the British Wind Power company Cubico.
According to reports by Reuters, Italy's National Electrical Utilities Company (Enel) and the American private equity firm KKR (KKR.US) are potential buyers for the UK Wind Power company Cubico Sustainable Investments. The report states that the Canadian Quebec Public Employees Retirement Fund and the Ontario Teachers' Retirement Fund are considering selling the company, with estimated debt valuations of at least about 6 billion USD, and ceased to accept related non-binding offers last week. Bank of America and the Canadian Imperial Bank of Commerce are responsible for the sale. The report also indicates that the company has attracted interest from other funds. Cubico was established in 2015, by the aforementioned two Canadian funds.
Express News | KKR Income Opportunities Fund Declares Monthly Distributions of $0.1215 per Share
KKR Income Opportunities Fund Declares Monthly Distributions of $0.1215 Per Share
Sector Update: Financial Stocks Advance Monday Afternoon
Express News | Exclusive - Enel, KKR Among Potential Bidders for UK's Cubico, Sources Say