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Octopus Energy sparks £10bn demerger of tech arm Kraken

Summary

Octopus Energy Group, Britain's largest residential gas and electricity supplier, is plotting a £10bn demerger of its technology arm that would reinforce its status as one of the country's most valuable private companies.

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Bloomberg

Lean Left

Octopus Energy Eyes Demerger of Tech Arm Kraken, Sky Says

The UK’s largest electricity supplier, Octopus Energy Group Ltd., is planning to separate its Kraken Technologies Ltd. business, Sky News reported, citing people familiar with the matter.

7 hours ago·United States

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lse.co.uk

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Market Screener

Center

Britain's Octopus Energy considers 14 billion dollar demerger of tech arm Kraken, Sky News reports

7 hours ago

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Devdiscourse

Center

Octopus Energy's Kraken Tech Arm Demerger: A £10BN Move

Octopus Energy initiates the demerger of its tech arm, Kraken, valued at £10 billion. The strategic move aims to separate its technology operations, potentially influencing the energy sector significantly.

7 hours ago·India

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Sky News UK

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khbrknews

Center

Octopus Energy sparks £10bn demerger of tech arm Kraken

The UK's biggest household energy supplier is close to hiring bankers to oversee a £10bn separation and stake sale for Kraken Technologies, Sky News learns.

8 hours ago·United Kingdom

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