February 26, 2007 / 12:15 PM / 12 years ago

KKR, Texas Pacific-led group to buy TXU Corp.

(Repeats to more subscribers)

Feb 26 (Reuters) - TXU Corp. TXU.N said it agreed to be acquired by a group led by private equity firms Kohlberg Kravis Roberts & Co. [KKR.UL] and Texas Pacific Group [TPG.UL] for about $45 billion including debt.

The deal, the largest-ever leveraged buyout, values the energy giant’s shares at $69.25 per share, a 15 percent premium to its Friday close of $60.02.

(Reporting by Dhanya Skariachan in Bangalore)

((Editing by Anthony Kurian; Reuters messaging: dhanya.skariachan.reuters.com@reuters.net; within U.S. +1 646 223 8780; outside U.S. +91 80 4135 5800)) Keywords: TXUCORP TAKEOVER/KKR

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