---
title: "UGI Shares Leap on Report of Takeover Bid From KKR"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296252333.md"
description: "UGI shares surged 12% after reports that private-equity firm KKR made a $9 billion takeover bid. KKR offered $42.50 per share, representing a 21% premium over UGI's previous closing price of $35.09."
datetime: "2026-08-18T16:09:50.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296252333.md)
  - [en](https://longbridge.com/en/news/296252333.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296252333.md)
generator: "portal-rs"
---

# UGI Shares Leap on Report of Takeover Bid From KKR

By Colin Kellaher

Shares of UGI rose sharply on Tuesday after The Wall Street Journal reported that private-equity firm KKR has made a roughly $9 billion takeover offer for the natural-gas and electricity distributor. 

KKR has offered $42.50 a share for UGI, The Journal reports, citing people familiar with the matter. 

Shares of King of Prussia, Pa.-based UGI were recently changing hands at $39.41, up 12%. 

The KKR offer would represent a 21% premium to Monday's closing price of $35.09 for UGI. 

Write to Colin Kellaher at colin.kellaher@wsj.com 

(END) Dow Jones Newswires

August 18, 2026 12:02 ET (16:02 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**