WS #12070
Lucid shares fell over 40% on reports it is weighing strategic options including bankruptcy or going private. Company later rejected bankruptcy reports, paring losses. KKR to buy EDF's renewable power assets in US and Canada for $4.2 billion, marking a major private-equity push into North American clean energy infrastructure.
Lucid Motors Bankruptcy Fears
Lucid shares fell over 40% on reports it is weighing strategic options including bankruptcy or going private. Company later rejected bankruptcy reports, paring losses.
KKR to buy EDF's renewable power assets in US and Canada for $4.2 billion, marking a major private-equity push into North American clean energy infrastructure.