American Electric Power Sells 19.9% Stake In Two Transmission Assets For $2.82B: Details
American Electric Power Company Inc (NASDAQ:AEP) shares are trading higher in premarket Friday. The company announced that a 50/50 strategic partnership between KKR & Co Inc (NYSE:KKR) and PSP Investments has agreed to acquire 19.
Is American Electric Power Company, Inc. (AEP) the Best Utility Stock to Buy According to Hedge Funds?
We recently compiled a list of the 12 Best Utility Stocks to Buy According to Hedge Funds. In this article, we are going to take a look at where American Electric Power Company, Inc. (NASDAQ:AEP) stands against the other utility stocks.
KKR, PSP Investments to buy stake in two American Electric Power companies for $2.8B
KKR (KKR) said Thursday it formed a 50/50 strategic partnership with Canada's PSP Investments to acquire 19.9% stakes in American Electric Power's (NASDAQ:AEP) Ohio and Indiana transmission company, as well as its Michigan transmission company,
AEP to divest stake in transmission companies to KKR, PSP for $2.82bn
American Electric Power (AEP) has entered into a strategic partnership with KKR and PSP Investments to sell a 19.9% equity interest in its Ohio and Indiana & Michigan Transmission Companies (Transcos).
KKR and PSP to Buy AEP Transmission Stake for $2.8 Billion (1)
American Electric Power Co. agreed to sell a minority stake in its transmission business to KKR & Co. and Canada’s PSP Investments for $2.8 billion.
KKR and PSP Investments Acquire Minority Stake in Two American Electric Power Transmission Companies
Today, investment funds managed by KKR, a leading global investment firm, and the Public Sector Pension Investment Board ("PSP Investments"), one of Canada’s largest pension investors, announced an agreement to acquire a 19.
Analysts Set American Electric Power Company, Inc. (NASDAQ:AEP) PT at $97.13
American Electric Power Company, Inc. (NASDAQ:AEP – Get Free Report) has received a consensus rating of “Hold” from the fifteen ratings firms that are presently covering the company, MarketBeat Ratings reports.
KKR and PSP to take minority stake in AEP’s transmission companies for $2.82bn
KKR and PSP Investments have agreed to acquire a minority stake in American Electric Power’s Ohio and Indiana and Michigan transmission companies for $2.82 billion. Founded in 1906, AEP is a US-based electric utility that serves customers across 11 states.
American Electric Power’s Strategic Partnership with KKR and PSP
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AEP names Trevor Mihalik as CFO
Utility firm American Electric Power said on Tuesday it has named Trevor Mihalik as its chief financial officer, effective ...
American Electric to sell 19.9% equity interest in two Transcos for $2.82B
American Electric Power (AEP) announced a definitive agreement for a strategic partnership between KKR (KKR) and PSP Investments to acquire a ...
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