AGGREKO DISCUSSES SALE WITH 1 SQUARED CAPITAL & TDR CAPITAL

ggreko is potentially looking at being sold off, with the private equity companies I Squared Capital and TDR Capital involved in the deal. Both companies have tendered a cash offer apparently assessing Aggreko’s shares at a value of £8.80, which represents a 39% premium over the closing price. UK-based TDR Capital is known for its links with Modulaire (previously Algeco) and WillScot in the USA. I Squared Capital invests in global infrastructure markets, including hydoelectric projects, water treatment, roads and energy.