KKR to acquire Viridor for $4.9bn: Bloomberg

KKR has agreed to buy UK-based Pennon Group Plc's waste management arm Viridor for 4.2 billion pounds ($4.9 billion), reported Bloomberg.

KKR has agreed to buy UK-based Pennon Group Plc’s waste management arm Viridor for 4.2 billion pounds ($4.9 billion), reported Bloomberg. The news outlet further noted that Barclays Plc and Morgan Stanley advised Pennon on the sale while RBC Capital and UBS Group AG worked with KKR.

Source: Bloomberg