Brief: Kenon's Unit Announces Engagement In Term Sheet For Acquisition Of Power Business In U.S.

Kenon Holdings

16/09/2020 14:45

Sept 16 (Reuters) - Kenon Holdings Ltd  KEN.N :
    * KENON'S SUBSIDIARY OPC ANNOUNCES ENGAGEMENT IN A TERM
SHEET FOR
THE ACQUISITION OF POWER BUSINESS IN THE U.S.; KENON CONSIDERS
PARTICIPATING IN A POTENTIAL RELATED CAPITAL RAISE, IF ANY, BY
OPC
    * KENON HOLDINGS - ESTIMATED CONSIDERATION TO COMPLETE
POTENTIAL
DEAL, IS ABOUT $700-800 MILLION

Source text for Eikon:  ID:nPn4zBJVja 
Further company coverage:  KEN.N 

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