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UK's Aggreko in talks for 2.25 billion pound buyout proposal

Feb 5 (Reuters) - Aggreko said on Friday it was in talks over a 2.25 billion pound ($3.09 billion) buyout proposal for the British equipment rental company from a consortium of TDR Capital LLP and I Squared Capital.

The company, which has a contract to supply power equipment for Tokyo 2020 Olympic and Paralympic Games, said TDR and I Squared had made a series of proposals and it was now in talks with them over a possible cash offer of 880 pence per share. ($1 = 0.7289 pounds) (Reporting by Yadarisa Shabong in Bengaluru; Editing by Vinay Dwivedi)

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