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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 ...
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KKR and PSP to Buy AEP Transmission Stake for $2.8 Billion
(Bloomberg) — 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. The investment firms will acquire a ...