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Octopus Energy sells stake in AI arm Kraken, valuing unit at $8.65bn

NAMPA / DPA
2025-12-30
London (PA Media/dpa) - Octopus Energy has agreed a deal to sell a minority stake in its Kraken Technologies division in a move valuing the software business at $8.65 billion and paving the way for its possible stock market flotation. The UK energy giant - Britain's biggest gas and electricity supplier - sold about $1 billion of equity in Kraken to a consortium of investors, including global investment firm D1 Capital Partners, Fidelity Internati......
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Economy

Russian services growth strongest in nearly a year
2025-12-30 13:00:38
Spanish inflation eases to four-month low in December
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Finland GDP recovers 0.3% in November
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Major European markets close flat
2025-12-29 20:00:25
German taxpayers' bill for unemployment costs rose 12.6% in 2024
2025-12-29 15:01:39
By PA Media
2025-12-29 15:01:39
German taxpayers' bill for unemployment costs rose 12.6% in 2024
2025-12-29 15:01:39
Sweden trade surplus grows in November
2025-12-29 14:30:38
Lithuanian retail sales growth slowest in 6 months
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Finland consumer confidence weakens; business morale improves
2025-12-29 14:00:58
Austrian manufacturing contracts in December
2025-12-29 12:00:13

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