UGI Shares Rise After Reported KKR Offer at $42.50
UGI rose 9.4% after a report that KKR offered about $9 billion, or $42.50 a share, for the energy distributor—an implied 21.1% premium to Monday’s close. UGI reiterated fiscal 2026 non-GAAP EPS guidance of $2.75 to $2.90. In May, UGI and Prime Data Centers announced a Pennsylvania natural-gas infrastructure plan for an AI and high-performance computing campus and on-site generation.