Brief: Kenon's Unit Announces Engagement In Term Sheet For Acquisition Of Power Business In U.S.
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
((Reuters.Briefs@thomsonreuters.com;))
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