KKR is trading at $111.92 (+4.49%) after reports that it offered approximately $9 billion to acquire UGI Corp. for $42.50 per share.
- The proposal represents a 21.1% premium to UGI’s previous close.
- Reuters and The Wall Street Journal reported the offer, though no definitive transaction has been announced.
- The proposal is the clearest company-specific catalyst for KKR’s August 19, 2026, advance; broader markets are also higher, supporting risk appetite.