Get all your news in one place.
100's of premium titles.
One app.
Start reading
Evening Standard
Evening Standard
Holly Williams

DCC ‘minded’ to agree deal with consortium after higher £5.7bn approach

The London-listed firm said it had recently received a higher proposal from private equity giant KKR and Energy Capital Partners (Alamy/PA) -

Energy firm DCC has said it would be “minded” to back a £5.7 billion sweetened takeover approach from a consortium of investors in what would deal yet another blow to the London market.

London-listed DCC – headquartered in Dublin, Ireland – said it had recently received a higher proposal from private equity giant KKR and Energy Capital Partners worth £65.25 a share in cash, plus 147.22p in dividends.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.