KKR, Energy Capital Partners sweeten DCC bid to £5.81B

Seeking Alpha ·

A consortium led by KKR ( KKR ) and Energy Capital Partners has raised its takeover proposal for Irish energy distributor DCC ( DCCPF ) to £67.97 per share, valuing the company at £5.81B (~$7.86B). The revised offer includes £65.25/share in cash, a £1.47/share final dividend, and up

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A consortium led by KKR and Energy Capital Partners has increased its takeover offer for Irish energy distributor DCC to 67.97 pounds per share, valuing the company at 5.81 billion pounds. The offer includes 65.25 pounds in cash and a final dividend of 1.47 pounds, significantly boosting the enterprise value. The market anticipates this deal will accelerate the consolidation of the European energy infrastructure sector, with investors closely watching for the stock's price premium reflection.

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Bullish (Long) 54% · Bearish (Short) 46%

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