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John Laing confirms takeover talks with KKR, shares surge

Thu, 06th May 2021 14:16

(Sharecast News) - Shares of infrastructure investor John Laing shot higher on Thursday as it confirmed it is in talks with private equity firm KKR about a possible offer for the company.
"There can be no certainty that any firm offer for the company will be made nor as to the terms on which any firm offer might be made," it said.

KKR now has until 3 June to either announce a firm intention to make an offer or walk way.

More News
28 Sep 2023 07:14

HICL Infra sells five-asset portfolio for £204m

(Sharecast News) - HICL Infrastructure said it had sold a portfolio of five assets to John Laing for £204m.

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21 Sep 2021 13:39

IN BRIEF: Court sanctions KKR's takeover of John Laing Group

IN BRIEF: Court sanctions KKR's takeover of John Laing Group

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9 Sep 2021 18:16

TRADING UPDATES: Cohort gets contract extension; IQGeo wins new deal

TRADING UPDATES: Cohort gets contract extension; IQGeo wins new deal

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29 Jun 2021 08:59

John Laing invests USD14 million to up stake in Denver rail project

John Laing invests USD14 million to up stake in Denver rail project

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29 Jun 2021 07:35

John Laing increases investment in Denver Eagle rail project

(Sharecast News) - John Laing Group has committed to invest an additional $14m (£10m) to increase its shareholding in the Denver Eagle commuter rail public-private partnership in Colorado to 50% from 45%, it announced on Tuesday.

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15 Jun 2021 09:31

BROKER RATINGS: Anglo American and PageGroup receive downgrades

BROKER RATINGS: Anglo American and PageGroup receive downgrades

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15 Jun 2021 08:18

LONDON BRIEFING: UK jobs worry as lockdown extended but not furlough

LONDON BRIEFING: UK jobs worry as lockdown extended but not furlough

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26 May 2021 11:15

TOP NEWS: Carlyle offers GBP958 million for asthma drug maker Vectura

TOP NEWS: Carlyle offers GBP958 million for asthma drug maker Vectura

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24 May 2021 08:58

John Laing seals investment in McCarthy Stone retirement accommodation

John Laing seals investment in McCarthy Stone retirement accommodation

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20 May 2021 09:52

BROKER RATINGS: Berenberg downgrades BT to Hold; RBC raises NatWest

BROKER RATINGS: Berenberg downgrades BT to Hold; RBC raises NatWest

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19 May 2021 12:18

LONDON MARKET MIDDAY: Inflation fears persist ahead of US Fed minutes

LONDON MARKET MIDDAY: Inflation fears persist ahead of US Fed minutes

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19 May 2021 10:51

TOP NEWS: John Laing accepts GBP2.0 billion takeover offer from KKR

TOP NEWS: John Laing accepts GBP2.0 billion takeover offer from KKR

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19 May 2021 08:51

LONDON MARKET OPEN: John Laing jumps on GBP2 billion takeover offer

LONDON MARKET OPEN: John Laing jumps on GBP2 billion takeover offer

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19 May 2021 07:57

LONDON MARKET PRE-OPEN: John Laing agrees to GBP2 billion takeover

LONDON MARKET PRE-OPEN: John Laing agrees to GBP2 billion takeover

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19 May 2021 07:01

John Laing agrees to £2bn takeover by KKR

(Sharecast News) - British infrastructure group John Laing has agreed to a £2bn takeover by US buyout firm KKR.

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