KKR Tenders €1.6B Offer For French Renewable Energy Co.

By Najiyya Budaly (June 23, 2022, 11:44 AM BST) -- Private equity firm KKR launched a tender offer on Thursday to buy shares in a French renewable energy producer for approximately €1.6 billion ($1.7 billion), after the U.S. company said it had won regulatory approval in France for the deal.

KKR has said that France's stock market regulator has approved its €1.6 billion ($1.7 billion) bid for shares in a French renewable energy producer. (iStock.com/Neil Bussey) KKR & Co. Inc. said that France's stock market regulator, the Autorité des Marchés Financiers, or AMF, approved its bid for Albioma on June 21. KKR has now opened its bid to buy shares in...

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