Picture of DCC logo

DCC DCC News Story

0.000.00%
gb flag iconLast trade - 00:00
IndustrialsBalancedLarge CapSuper Stock

Irish energy firm DCC climbs after KKR consortium boosts bid

BUZZ-Irish energy firm DCC climbs after KKR consortium boosts bid

** Shares of Irish energy distributor DCC DCC.L up 3.3% at 62 pounds

** Co says it received a sweetened cash offer of £66.72 ($89.36) per share from a consortium of U.S. private equity firm KKR KKR.N and Energy Capital Partners

** Board would be minded to recommend the revised proposal if a firm offer is announced

** DCC says consortium must express firm intention by 8 July 2026

** DCC had previously rejected a £58-per-share offer in April

** YTD, stock has risen ~32%

($1 = 0.7466 pounds)


(Reporting by Tuhina in Bengaluru)

((tuhina@thomsonreuters.com))

Recent news on DCC

See all news