Previous Close | 49.20 |
Open | 49.20 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 50.00 |
Expire Date | 2025-01-17 |
Day's Range | 49.20 - 49.20 |
Contract Range | N/A |
Volume | |
Open Interest | 238 |
NEW YORK, May 01, 2024--KKR & Co. Inc. (NYSE: KKR) today reported its first quarter 2024 results, which have been posted to the Investor Center section of KKR’s website at https://ir.kkr.com/events-presentations/.
(Bloomberg) -- PG&E Corp. is in talks to sell a minority stake in its power generation business to investment firm KKR & Co., a transaction regulators have signaled they don’t intend to support. Most Read from BloombergTesla Axes Supercharger Team in Blow to Broader EV MarketNYC Police Break Up Columbia Protest and Clashes Erupt at UCLAAmazon Posts Strongest Cloud Sales Growth in a Year on AI DemandPot Stocks Surge on Report DEA Set to Reclassify MarijuanaBinance Founder Changpeng Zhao Gets Four
PG&E said on Tuesday it had entered into exclusive negotiations to sell a minority interest in Pacific Generation to KKR & Co's unit, as the utility firm seeks funding to improve its energy grid. PG&E has been blamed for sparking numerous wildfires, including some of California's most deadly, and has been making investments to improve the reliability of its power grid. "We believe an investment from KKR would immediately enhance our financial position as we continue our pursuit of a clean energy future," CFO Carolyn Burke said.