UGI Divests LPG Distribution Business in Europe

UGI Corporation (NYSE:UGI) is an planetary distributor and marketer of vigor products and services, including earthy gas, LPG, electricity, and renewable solutions, with well-developed infrastructure successful cardinal markets.

UGI Corporation (NYSE:UGI) announced connected January 15 that it has reached a definitive statement to merchantability its LPG organisation concern successful the Czech Republic, Hungary, Poland, and Slovakia to DCC plc for an endeavor worth of astir €48 million. The woody is portion of the company’s antecedently announced portfolio optimization programme and allows it “to sharpen its absorption connected the segments wherever it has the strongest competitory positions and maturation opportunities”.

The transaction is expected to adjacent successful the archetypal fractional of 2026, taxable to customary closing conditions, with UGI utilizing the nett proceeds to trim indebtedness and fortify its equilibrium sheet.

UGI Corporation (NYSE:UGI) deed a 52-week precocious connected January 27, with the banal posting gains of astir 30% implicit the past year. The institution is acceptable to denote its Q1 2026 results aft the marketplace closes connected February 4.

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