BUZZ-Irish energy firm DCC climbs after KKR consortium boosts bid
KKR & Co
KKR & Co KKR | 0.00 |
** Shares of Irish energy distributor DCC DCC.L up 3.3% at 62 pounds
** Co says it received a sweetened cash offer of £66.72 ($89.36) per share from a consortium of U.S. private equity firm KKR KKR.N and Energy Capital Partners
** Board would be minded to recommend the revised proposal if a firm offer is announced
** DCC says consortium must express firm intention by 8 July 2026
** DCC had previously rejected a £58-per-share offer in April
** YTD, stock has risen ~32%
($1 = 0.7466 pounds)
