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Hong Kong's CKI exploring bid for UK's Viridor, Bloomberg News reports

ReutersMar 2, 2025 12:19 AM

Adds Viridor declining to comment in paragraph 4

- CK Infrastructure Holdings 1038.HK is considering a bid for KKR KKR.N-backed British waste management firm Viridor, Bloomberg News reported on Saturday.

The Hong Kong-based company is in talks with potential advisers as it evaluates a possible offer, the report said, citing people with knowledge of the matter.

Last month, Bloomberg reported that KKR is exploring options for Viridor including a sale that could value the business at as much as 7 billion pounds ($8.8 billion) including debt.

Viridor declined to comment on the Bloomberg report.

CK Infrastructure and KKR did not immediately respond to requests from Reuters for comment. A representative for CKI did not immediately respond to Bloomberg queries and KKR declined to comment to Bloomberg, the agency said.

Viridor operates energy recovery through its facilities in the UK to generate energy from residual waste, according to their website.

($1 = 0.7951 pounds)

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