The revised £5.81B offer for DCC includes £65.25 in cash and a £1.47 final dividend per share.
A consortium led by KKR and Energy Capital Partners has increased its bid for Irish energy distributor DCC to £67.97 per share, valuing the company at £5.81 billion ($7.86 billion). The offer comprises £65.25 in cash and a £1.47 final dividend per share.
The previous bid was not disclosed, but the revised proposal marks a significant increase in valuation. DCC’s shares have traded below the new offer price in recent months, reflecting market expectations of a higher bid. The deal underscores growing private equity interest in European energy infrastructure.
No immediate market reaction was reported following the announcement.