12:29 PM EST, 03/06/2024 (MT Newswires) -- KKR (KKR) is in discussions to acquire German renewable energy producer Encavis in a deal valued at more than 2 billion euros ($2.2 billion), Bloomberg reported Wednesday, citing people familiar with the matter.

The talks are ongoing and an agreement is still uncertain, the people reportedly said.

A representative for KKR declined to comment, while Encavis couldn't immediately be reached, Bloomberg said.

KKR declined comment, while Encavis did not immediately respond to a request for comment by MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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