KKR and Energy Capital Partners Increase DCC Takeover Bid to £5.81 Billion
A consortium led by KKR (NYSE: KKR) and Energy Capital Partners has increased its takeover offer for Irish energy distributor DCC Group, raising the per-share price to £67.97 from a previous bid of £64. The revised proposal values DCC at approximately £5.81 billion (~$7.86B), including cash payment and final dividend.
Tickers: $KKR
Topics: bid revision energy sector takeover