09:56 AM EDT, 08/13/2025 (MT Newswires) -- (Updates with KKR response in fourth paragraph.)
KKR (KKR) will kick off a sales process for Viridor in September that could value the UK recycling group at 7 billion British pounds ($9.5 billion), including debt, the Financial Times reported Wednesday, citing people familiar with the process.
The business could garner interest from CK Hutchison's infrastructure unit, Equitix and other potential suitors, the unnamed sourced told the publication.
Viridor's businesses include recycling and waste management, as well as a carbon capture storage venture in Runcorn, which might get government backing, according to the report.
KKR declined to comment when reached 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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