US EditionPublished • loading... • Updated
UK’s Octopus Energy Nears Kraken Stake Sale, Sky News Reports
Octopus Energy aims to raise capital and resolve conflicts deterring clients by selling a 10–20% stake in Kraken Technologies, valued near $10 billion by investors.
Summary by Channel News Asia
4 Articles
4 Articles
Channel News AsiaReposted by 
WTVB
WTVBUK’s Octopus Energy nears Kraken stake sale, Sky News reports
Dec 29 : Britain's biggest household gas and electricity supplier Octopus Energy Group is close to selling a 10 per cent to 20 per cent stake in its software unit, Kraken Technologies, in a deal that would value the business at $9 billion to $10 billion, Sky News reported on Monday, citing sources.
·Singapore
Read Full Article
Sky News UKReposted by 
Great Yorkshire Radio
Great Yorkshire RadioOctopus Energy lines up sale of stake in $10bn software arm Kraken
D1 Capital Partners and Fidelity are among the investors expected to buy between 10% and 20% of Kraken Technologies as part of its parent company's demerger of the fast-growing software business, Sky News learns.
·United Kingdom
Read Full ArticleCoverage Details
Total News Sources4
Leaning Left0Leaning Right0Center3Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
Factuality
To view factuality data please Upgrade to Premium
