Acquiring Company
KKR &
Acquired Company
UGI
New YorkValley ForgeEnergyFinancial ServicesReal EstateFinanceReal Estate InvestmentVenture CapitalAngel InvestmentRenewables & EnvironmentManufacturingSustainabilityNatural ResourcesDescription
KKR has put forth a $9 billion buyout proposal for UGI Corp., offering $42.50 per share. UGI, a Pennsylvania-based natural-gas and electricity provider, is seeing rising interest due to demand from AI data centers. The proposal is unsolicited, and UGI has not committed to accepting the terms or concluding a definitive transaction.
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Based on deal dataFrequently asked
Who acquired UGI?
UGI was acquired by KKR &, based in New York. The deal was reported on August 18, 2026. KKR & Co. Inc. is a global investment firm based in the US that offers alternative asset management, capital markets, and insurance solutions. KKR & is publicly traded (KKR) and operates in Energy.
When did KKR & acquire UGI?
KKR &'s acquisition of UGI was reported on August 18, 2026. KKR has put forth a $9 billion buyout proposal for UGI Corp., offering $42.50 per share. UGI, a Pennsylvania-based natural-gas and electricity provider, is seeing rising interest due to demand from AI data centers. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does UGI do?
UGI Corp. is a natural-gas and electric distribution utility that operates in Pennsylvania and Europe. The company manages a network of utilities, pipelines, and storage systems, and is also involved in the propane business through its subsidiary AmeriGas. It is privately held, operating in Manufacturing, and is based in Valley Forge.