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Hong Kong's CKI exploring bid for UK's Viridor, Bloomberg News reports
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Hong Kong's CKI exploring bid for UK's Viridor, Bloomberg News reports
Mar 1, 2025 4:45 PM

March 1 (Reuters) - CK Infrastructure Holdings ( CKISF )

is considering a bid for KKR-backed British waste

management firm Viridor, Bloomberg News reported on Saturday.

The Hong Kong-based company is in talks with potential

advisers as it evaluates a possible offer, the report said,

citing people with knowledge of the matter.

Last month, Bloomberg reported that KKR is exploring options

for Viridor including a sale that could value the business at as

much as 7 billion pounds ($8.8 billion) including debt.

Viridor declined to comment on the Bloomberg report.

CK Infrastructure ( CKISF ) and KKR did not immediately respond to

requests from Reuters for comment. A representative for CKI did

not immediately respond to Bloomberg queries and KKR declined to

comment to Bloomberg, the agency said.

Viridor operates energy recovery through its facilities in

the UK to generate energy from residual waste, according to

their website.

($1 = 0.7951 pounds)

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