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KKR launches €1.16bn GreenVolt takeover bid

RICHARD HEAP

December 22, 2023

US private equity house KKR has launched a €1.16bn takeover bid for Portuguese renewables developer Greenvolt.

KKR said it has already agreed to buy a 60.86% stake in Greenvolt from seven shareholders, and is now looking to buy the rest of the shares for €8.30 each after May 2024.

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