US Private Equity Firm KKR Acquires Majority Stake in Encavis for EUR 2.83 Billion

KKR & Co Inchas acquired an 87.41% interest in Encavis AG, a German operator of wind and solar parks, following the expiration of its voluntary public takeover offer on June 18. The bid, valuing Encavis at approximately EUR 2.83 billion (USD 3.02 billion) in equity, garnered acceptance from shareholders holding 53.80% of the company's share