Stock Market Update
18-Aug-26 12:00 ET
KKR looking to acquire UGI
Dow -98.52
at 53361.26,
Nasdaq -286.05
at 26379.89,
S&P -39.63
at 7705.43
[BRIEFING.COM] The major averages remain little changed from previous levels at midday.
The Wall Street Journal reported that KKR (KKR 107.65, -1.18, -1.08%) recently bid $9 billion for UGI Corp (UGI 39.09, +4.00, +11.40%), offering to buy the natural gas and electricity distribution company for $42.50 per share.
