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Oil price slides as US and Iran pause fire; cancer treatments help AstraZeneca beat profit forecasts – business live

The Guardian World Monday 27 July 2026, 06:56 UTC By Lauren Almeida 1 min read
Key Points

Rolling coverage of the latest economic and financial newsYet another company has been picked off London’s stock exchange this morning: DCC Energy has agreed to a £5.75bn takeover by private equity investors KKR and Energy Capital Partners. Shareholders in the FTSE 100 energy distributor will receive £65.25 per share ‌in cash, a proposed ‌final dividend of 147.22p per share, and a potential payment of up ‌to £1.25 per share if DCC can sell its technology unit for at least $800 million....

Rolling coverage of the latest economic and financial news

Yet another company has been picked off London’s stock exchange this morning: DCC Energy has agreed to a £5.75bn takeover by private equity investors KKR and Energy Capital Partners.

Shareholders in the FTSE 100 energy distributor will receive £65.25 per share ‌in cash, a proposed ‌final dividend of 147.22p per share, and a potential payment of up ‌to £1.25 per share if DCC can sell its technology unit for at least $800 million.

Whilst the DCC Energy Board remains confident in the energy strategy and associated 2030 Ambition announced in 2022, the Board believes the Consortium’s offer represents a compelling opportunity for shareholders to crystallise value in cash at an attractive premium to DCC Energy’s historical trading price.

We are confident that the Consortium will be strong stewards of DCC Energy’s 50-year heritage and support the business during its next phase of growth.”

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US (LOCATION) Iran (LOCATION) AstraZeneca (ORG) London (LOCATION) DCC Energy (ORG) KKR (ORG) Energy Capital Partners (ORG) FTSE (ORG) ‌final (ORG) DCC (ORG) DCC Energy Board (ORG) 2030 Ambition (ORG) Board (ORG) Consortium (ORG) DCC Energy’s (ORG)
Originally published by The Guardian World Read original →

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