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KEN — Kenon Holdings News Story

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Brief: Kenon Holdings Ltd Agreement To Acquire 25% Interest In District Heating & Cooling Business In Us For About $450 Million

BRIEF-Kenon Holdings Ltd Agreement To Acquire 25% Interest In District Heating & Cooling Business In Us For About $450 Million

- Kenon Holdings Ltd KEN.N:

  • KENON HOLDINGS LTD: AGREEMENT TO ACQUIRE 25% INTEREST IN DISTRICT HEATING & COOLING BUSINESS IN US FOR ABOUT $450 MILLION

  • KENON HOLDINGS : $1.40B COMMITTED DEBT FINANCING FOR VICINITY ACQUISITION, NON-RECOURSE

  • KENON HOLDINGS : PURCHASE PRICE FOR ACQUISITION IS BASED ON A TOTAL ENTERPRISE VALUE FOR 100% OF VICINITY OF $2.92 BILLION

Source text: [ID:n0001178913-26-004650]

Further company coverage: KEN.N


((Reuters.Briefs@thomsonreuters.com;;))

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