Britain’s Octopus Energy considers 14 billion dollar demerger of tech arm Kraken, Sky News reports – TradingView

Britain's Octopus Energy considers 14 billion dollar demerger of tech arm Kraken, Sky News reports - TradingView

Britain’s Octopus Energy is close to hiring bankers to oversee a 10 billion pounds ($13.65 billion) separation and stake sale of its technology arm Kraken Technologies, Sky News reported on Saturday, citing sources familiar with the matter.

Reuters could not immediately verify the report.

($1 = 0.7325 pounds)

Read More…