KKR (KKR) held talks to buy TXNM Energy, Bloomberg reported Tuesday, citing people familiar with the matter.
The discussions were held in recent weeks, and no final decision has been made, with KKR possibly opting not to proceed, according to the news outlet.
KKR declined to comment while TXNM did not immediately respond to MT Newswires' request.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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