A consortium led by private equity firms KKR and Energy Capital Partners has increased its takeover proposal for Irish energy distribution group DCC for the second time in just over a month, valuing the company at up to £5.81bn ($7.9bn), according top a report by Reuters.
The revised proposal values DCC at up to £67.97 per share. It includes a cash payment of £65.25 per share, a potential final dividend of £1.47 already reflected in an earlier proposal, and an additional contingent payment of up...
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