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AEP to divest stake in transmission companies to KKR, PSP for $2.82bn
American Electric Power (AEP) has entered into a strategic partnership with KKR and PSP Investments to sell a 19.9% equity interest in its Ohio and Indiana & Michigan transcos. These companies are ...
Morningstar3d
AEP Sees Significant Demand Tailwind Supporting Growth
In January, AEP agreed to sell a 19.9% interest in Ohio and Indiana & Michigan Transmission Companies for $2.82 billion to a strategic partnership between KKR and PSP Investments. Proceeds will be ...
Seeking Alpha1mon
Private Equity And Venture Capital Deal Value Nudges Down In January
The second largest was KKR & Co. Inc. (KKR) and Public Sector Pension Investment Board's announced acquisition of a 19.9% stake in AEP Ohio Transmission Co. Inc. and AEP Indiana Michigan ...
Yahoo Finance8d
KKR aims to raise $1.5 billion in 3-year convertible stock offering
(Reuters) - KKR & Co said on Tuesday it was looking to raise $1.5 billion through an offering of mandatory convertible preferred stocks and will use part of the proceeds to build up stakes in ...