(Reuters) – KKR & Co has agreed to buy London-listed power generation firm ContourGlobal for 1.75 billion pounds ($2.16 billion), as the U.S. private-equity firm seeks to expand its power and infrastructure portfolio.
KKR will pay 263.6 pence for each share of ContourGlobal share, a 36% premium to the company’s closing share price on Monday.
($1 = 0.8089 pounds)
(Reporting by Sinchita Mitra in Bengaluru; Editing by Aditya Soni)
