AEP to divest stake in transmission companies

AEP to divest stake in transmission companies to KKR, PSP for $2.82bn
"AEP to divest stake in transmission companies to KKR, PSP for $2.82bn" was originally created and published by Power Technology, a GlobalData owned brand.
American Electric Power Sells 19.9% Stake In Two Transmission Assets For $2.82B: Details
American Electric Power Company Inc (NASDAQ:AEP) shares are trading higher in premarket Friday. The company announced that a 50/50 strategic partnership between KKR & Co Inc (NYSE:KKR) and PSP Investments has agreed to acquire 19.
KKR, PSP Investments to buy stake in two American Electric Power companies for $2.8B
KKR (KKR) said Thursday it formed a 50/50 strategic partnership with Canada's PSP Investments to acquire 19.9% stakes in American Electric Power's (NASDAQ:AEP) Ohio and Indiana transmission company, as well as its Michigan transmission company,
KKR and PSP to Buy AEP Transmission Stake for $2.8 Billion (1)
American Electric Power Co. agreed to sell a minority stake in its transmission business to KKR & Co. and Canada’s PSP Investments for $2.8 billion.
American Electric Power Company Inc (AEP)’s Stock Plunge: What You Need to Know
American Electric Power Company Inc (AEP) stock saw a decline, ending the day at $90.32 which represents a decrease of $-1.73 or -1.88% from the prior close of $92.05. The stock opened at $92.05 and touched a low of $90.
KKR, PSP Investments Partner to Buy Stake in Two American Electric Power Companies
KKR is partnering with the Public Sector Pension Investment Board to buy a 19.9% interest in two units of American Electric Power for $2.82 billion.
KKR and PSP Investments Acquire Minority Stake in Two American Electric Power Transmission Companies
Today, investment funds managed by KKR, a leading global investment firm, and the Public Sector Pension Investment Board ("PSP Investments"), one of Canada's largest pension investors, announced an agreement to acquire a 19.
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