Energy group Ovo plots sale of stake in software arm Kaluza
The energy supplier Ovo is plotting the sale of a stake in its software arm at a 'unicorn' valuation as part of efforts to strengthen the balance sheet of Britain's fourth-largest residential gas and electricity group.
Octopus Energy Group is on the brink of selling a big stake in its software arm, Kraken Technologies, at a valuation that will cement its status as one of Britain's biggest private companies.
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The owner of Uswitch, one of Britain's biggest price comparison platforms, and Zoopla, the online property portal, is plotting a break-up that could lead to the sale of some of Britain's best-known consumer...
13-09-2025, 09:29 PM
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