DCC Energy to Be Acquired for $7.7 Billion in All-Cash Deal
DCC Energy has agreed to a recommended all-cash takeover led by private equity firms Energy Capital Partners (ECP) and KKR, valued at approximately £5.75 billion ($7.7 billion). Shareholders will receive 6,525 pence per share in cash plus the previously declared final dividend of 147.22 pence per share, totaling 6,672.22 pence per share. An additional payment of up to 125 pence is possible if DCC sells its Nexora technology business above certain thresholds. The deal represents a 24% premium over the company's undisturbed closing price and values equity at around £5.75 billion. The board supports the transaction, citing it as an attractive opportunity for shareholders to realize value in cash despite confidence in DCC’s long-term strategy. ECP and KKR are expanding their energy infrastructure investments through this acquisition. DCC Energy reported revenue of £15.4 billion and adjusted operating profit of £634 million for the fiscal year ending March 31, 2026. The transaction is expected to close in early 2027 after shareholder approval and regulatory clearances.
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