KKR Looks To Sell Westbrick Energy For Up To C$2 Billion – Report (NYSE:KKR)


Leonid Ikan

KKR (NYSE:KKR) To be Looking for a buyer for Canadian oil and gas producer Westbrick Energy to cash in on high energy prices, in a potential deal worth C$1.5BC$2B (US$1.13-US$1.5B), Reuters reported on Thursday.

KKR majority owner (KKR) To be is looking to strike a deal later this year, but the PE company could still keep the company if it doesn’t receive the right offers, according to the report.

KKR (KKR) has owned Westbrick for a decade, longer than most of its investments, which could make a sale sound, Reuters cited a source.

KKR (KKR) offers “30% growth potential for its $113 billion dry powder flexible business model,” Weighing Machine wrote in a report. recently published analysis on Seeking Alpha.


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