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Aggreko is the latest UK company being circled by private equity

The power equipment rental group is in talks over a potential £2.2bn takeover
Aggreko is the latest UK company being circled by private equity
  • TDR Capital and I Squared Capital have approached the group for a possible 880p-a-share all-cash bid
  • The consortium has until close of play on 5 March to table a firm offer

Portable power specialist Aggreko (AGK) has become the latest UK-listed company to attract the interest of private equity. Following a report by Sky News, the group has confirmed that it is in talks with soon-to-be Asda co-owner TDR Capital and US infrastructure investor I Squared Capital about a possible all-cash takeover offer of 880p per share.

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