RTE.ie·3 min read·medium
KKR-led consortium raises offer for DCC to £5.81 billion
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RTÉ News
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A KKR-led consortium has increased its takeover bid for energy distributor DCC to £5.81 billion. The deal includes a potential price adjustment based on the future sale of DCC's Nexora technology unit.
Private equity firms KKR and Energy Capital Partners have sweetened their takeover bid for DCC for the second time in five weeks, the energy distributor said today, valuing it at up to £67.97 per share, or £5.81 billion ($7.86 billion).
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