UK’s Octopus Energy nears Kraken stake sale, Sky News reports

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AdvertisementBusiness30 Dec 2025 02:52AM (Updated: 30 Dec 2025 02:54AM) Bookmark Bookmark WhatsApp Telegram Facebook Twitter Email LinkedInRead a summary of this article on FAST.Get bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST Dec ‌29 : Octopus Energy Group is close to selling a ‌significant stake ‌in its software unit, Kraken Technologies, in a ‍deal that would value the business ​at $9 ‌billion to $10 billion, Sky ​News reported, citing ⁠sources.Reuters could ‌not ​immediately verify the report.(Reporting ‍by DhanushVignesh Babu ⁠in ​Bengaluru; Editing ‌by ‍Tasim ​Zahid)Source: ReutersNewsletterWeek in ReviewSubscribe to our Chief Editor’s Week in ReviewOur chief editor shares analysis and picks of the week's biggest news every Saturday.Sign up for our newslettersGet our pick of top stories and thought-provoking articles in your inboxSubscribe hereGet the CNA appStay updated with notifications for breaking news and our best storiesDownload hereGet WhatsApp alertsJoin our channel for the top reads for the day on your preferred chat appJoin hereAlso worth readingContent is loading...Expand to read the full storyGet bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST