Ireland-based energy distributor DCC has indicated it would support a revised £5.7bn ($7.63bn) acquisition proposal from a consortium led by KKR & Co Inc and Energy Capital Partners, provided the private equity group proceeds with a formal offer, according to a report by Reuters.
The updated proposal values DCC at £65.25 per share in cash, alongside the company’s planned final dividend of 147.22 pence per share, according to the company’s announcement. The revised terms represent a meaningfu...
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