Previous Close | 12.60 |
Open | 15.90 |
Bid | 15.60 |
Ask | 17.30 |
Strike | 90.00 |
Expire Date | 2024-09-20 |
Day's Range | 15.90 - 15.90 |
Contract Range | N/A |
Volume | |
Open Interest | 86 |
(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. Most Read from Bloomberg‘Seriously Underwater’ Home Mortgages Tick Up Across the USMicrosoft’s Xbox Is Planning More Cuts After Studio ClosingsAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t TrackMarjorie Taylor Greene Finally Got What She Deserved: DefeatPG&E said last week that it was in talks to sell the th
The California utilities regulator on Thursday rejected PG&E's move to transfer its non-nuclear generation assets to Pacific Generation amid talks with private equity firm KKR & Co to sell a minority interest in the unit. The Oakland, California-based company had moved to separate its non-nuclear generation assets in 2022 into Pacific Generation, estimated to be worth $3.5 billion, and had been seeking regulatory approval to sell a stake of up to 49.9% in the unit. PG&E had entered into exclusive talks to sell the minority interest in Pacific Generation to KKR & Co's unit last month, as the utility firm seeks funding to improve its energy grid.
FS KKR Capital Corp. (NYSE: FSK), or the Company, today announced its financial and operating results for the quarter ended March 31, 2024, and that its board of directors has declared a second quarter 2024 distribution of $0.70 per share, which when combined with the Company's previously declared $0.05 per share special distribution, results in a total second quarter distribution of $0.75 per share.