Dec 29 (Reuters) - Britain's Octopus Energy said on Monday it will spin off its technology arm, Kraken, as an independent company valued at $8.65 billion, after a funding round led by U.S. investment ...

Octopus Energy Group is formally spinning out its Kraken technology arm after completing the first standalone investment round for the business, valuing Kraken at $8.65 billion. The $1 billion equity ...

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. Sky News ...

British clean energy giant Octopus Energy Group Ltd. has announced it’s spinning off its most valuable technology asset as a standalone entity. The company said its Kraken Technologies Ltd. subsidiary ...

(Bloomberg) -- Octopus Energy Group Ltd. swung to a full-year loss after reporting a slump in gas consumption and one-time costs from its acquisition of Bulb Energy Ltd. The British energy supplier ...

Octopus Energy is set to spin off its Kraken Technologies arm as a standalone company after a deal to sell a stake in the platform valued it at $8.65bn (£6.4bn). The energy giant, Britain's biggest ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Octopus Energy has reached a deal to sell a minority stake in its Kraken Technologies unit, a transaction that ...

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 dollars (£6.4 billion) and paving the way for its ...

This article first appeared on GuruFocus. UK utility Octopus Energy Group Ltd. has agreed to sell a stake in its software unit Kraken Technologies at a valuation of $8.65 billion, taking an initial ...

Octopus Energy will sell a minority stake in its Kraken Technologies division (Alamy/PA) Octopus Energy has agreed a deal to sell a minority stake in its Kraken Technologies division in a move valuing ...

Dec 30 (Reuters) - Britain's Octopus Energy reported an annual pretax loss on Tuesday, due to heavy spending to expand its businesses, including the Kraken technology platform, which it plans to spin ...