ECP DCC Plc
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DCC Inclined to Accept New £5.7 Billion Bid From KKR and ECP
Deals DCC Inclined to Accept New £5.7 Billion Bid From KKR and ECP DCC Plc said it was prepared to accept an improved offer from buyout firms KKR & Co. and Energy Capital Partners, which valued the firm at about £5.7 billion ($7.6 billion). The new offer of about £66.72, including a dividend, represents a 33% premium to DCC’s share price before the company first announced an approach from the private equity group. Buyers have paid a roughly 35% premium on average for UK-listed companies this...