KKR to acquire Viridor from Pennon Group for £4.2 billion

Pennon Group has agreed to sell Viridor, a UK recycling and residual waste business, to KKR for an enterprise value of £4.2 billion. The transaction is expected to complete in summer 2020.

“Pennon Group Plc is pleased to announce that it has entered into an agreement for the sale of Viridor Limited to Planets UK Bidco Limited, a newly formed company established by funds advised by KKR, for an Enterprise Value of £4.2 billion.”pennon-group.co.uk

• 1 source
• pennon-group.co.ukProposed Sale of Viridor for £4.2 billion to KKR | Pennon Group PLCMar 18, 2020

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