KKR Reportedly Makes $9 Billion Takeover Bid for UGI Corporation at $42.50 Per Share

August 18, 2026

KKR has reportedly made an approximately $9 billion takeover bid to acquire UGI Corporation for $42.50 per share, representing a 21.1% premium to UGI’s prior closing price. The proposal is not yet guaranteed to result in a transaction and has not been described as definitively agreed or closed.

Buyers
KKR
Targets
UGI Corporation
Industry
Energy
Location
Pennsylvania, United States
Transaction Type
Buyout

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