BUZZ-UK's DCC rises on improved takeover proposal from KKR-led consortium

KKR & Co

KKR & Co

KKR

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** Shares of Irish energy distributor DCC DCC.L up about 1% at 6,365p

** A consortium of U.S. investment firms Energy Capital Partners and KKR KKR.N raises bid for DCC, valuing the company at £5.81 billion ($7.86 billion)

** Following the revised bid, the Irish takeover panel extends deadline for the consortium to make a firm offer to July 27

** As of last close, DCC stock up ~36% YTD


($1 = 0.7389 pounds)