🟢 KKR is trading 4.5% up today after reported $9 billion UGI takeover bid

KKR is trading 4.5% up at $112.03 after reports that it offered approximately $9 billion to acquire UGI Corp. for $42.50 per share.

• The offer represents a 21.1% premium to UGI’s previous close.
• The proposal appears to be the clearest company-specific catalyst for the August 19, 2026 rebound, alongside a constructive broader market.
• Akre Capital’s reduced 13F position is a delayed disclosure, not a fresh transaction.