BUZZ-UK's DCC rises on improved takeover proposal from KKR-led consortium
KKR & Co
KKR & Co KKR | 0.00 |
** 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)
