entweder WEIL der Gaspreis steigt ODER Die Presse Aussendung: UGI explores strategic alternatives for LPG business
Aug. 30, 2023 5:14 PM ETUGI Corporation (UGI)By: Ahmed Farhath, SA News Editor23 Comments
UGI Corporation (NYSE:UGI) has initiated a process to evaluate potential strategic alternatives, especially focusing on the LPG businesses, the company said Wednesday.
The company said it is exploring a full range of options with the goal of reducing UGI’s earnings volatility and strengthening its balance sheet.
The review will also look to optimize the company's cost structure and re-align its capital allocation priorities.
UGI has engaged Goldman Sachs & Co., LLC, and J.P. Morgan Securities, LLC, as advisors in its review of strategic alternatives.
Press Release.
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