By Katherine Hamilton


-Investment company KKR is considering selling the UK-based waste management company Viridor for as much as 7 billion British pounds (about $8.61 billion), including debt, according to unnamed people familiar with the matter, Bloomberg reported Friday.

-KKR has been exploring options, including the sale, in conversations with advisers, and the sale process could begin later this year, according to the sources.

-KKR acquired Viridor for GBP4.2 billion in 2020, and Viridor generates about GBP400 million in annual EBITDA, Bloomberg said.

Full article at https://www.bloomberg.com/news/articles/2025-01-10/kkr-said-to-weigh-7-billion-sale-of-uk-recycling-firm-viridor?srnd=homepage-americas


Write to Katherine Hamilton at katherine.hamilton@wsj.com


(END) Dow Jones Newswires

01-10-25 1318ET