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Stock impact report

UGI International Signs Definitive Agreement to Divest LPG Businesses in Eastern Europe

UGI Corporation (UGI) 
Last ugi corporation earnings: 2/5 04:18 pm Check Earnings Report
Company Research Source: Business Wire
VALLEY FORGE, Pa.--(BUSINESS WIRE)--UGI International, LLC (“UGI International”) today announced that it has entered into a definitive agreement to divest its LPG distribution businesses in Czech Republic, Hungary, Poland, and Slovakia, to DCC plc for an enterprise value of approximately €48 million.“This divestiture substantially completes UGI International’s previously announced portfolio optimization program, allowing us to sharpen our focus on the segments where we have the strongest competitive positions and growth opportunities,” said Julie Fazio, President of UGI International. “By concentrating on markets where we have scale, established supply infrastructure and strong customer relationships, we are positioning UGI International for sustainable value creation.”The transaction is expected to close in the first half of calendar 2026, subject to customary closing conditions. Net proceeds from the sale will be used to reduce debt at UGI Corporation, as we continue to strength Show less Read more
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