KKR and Energy Capital Partners raise DCC bid to £5.81 billion

Corporate Action
โดย Seeking Alpha·Read original
Summary · why it matters

A consortium led by KKR and Energy Capital Partners has raised its takeover proposal for Irish energy distributor DCC to £67.97 per share, valuing the company at £5.81 billion. The revised offer includes £65.25 per share in cash, a £1.47 per share final dividend, and up to £1.25 per share tied to Nexora sale proceeds. DCC said the Irish takeover panel extended the consortium’s firm offer deadline to July 27, with due diligence complete and deal terms largely agreed, though the company has not yet recommended the revised proposal to shareholders. The improved offer follows DCC’s rejection of a £4.95 billion bid in April as undervaluing the company. DCC had reportedly indicated support for the June offer, but two of its largest investors, Aviva Investors and Fidelity International, opposed the deal.

Impact on stocks 3

Energy Transition & Power Demand▲ · 1 stocks
DCC plc
DCC
▲ PositiveCapitalrelevance

DCC receives a raised takeover bid of £5.81 billion, with improved terms and due diligence complete.

Aging Population▲ · 1 stocks
KKR & Co. Inc.
KKR
▲ PositiveCapitalrelevance

KKR leads consortium raising bid for DCC, potentially acquiring the company at an increased valuation.

Financials▼ · 1 stocks
Aviva PLC
AV
▼ NegativeCapitalrelevance

Aviva Investors opposed the deal, indicating disagreement with the bid price or terms.

Off-coverage companies 1

Energy Capital PartnersPrivate▲ Positive
Capitalrelevance

Energy Capital Partners co-leads consortium raising bid for DCC, positioning for acquisition.

© 2026 MarketDXNews