A consortium led by private equity firms KKR and Energy Capital Partners is in advanced discussions to acquire Irish energy distributor DCC in a deal that could value the company at more than £5 billion ($6.7 billion), according to a Reuters report citing Sky News. The latest proposal reportedly values DCC at roughly £65 per share, representing a significant increase from the consortium’s earlier £58-per-share offer that was rejected by the company in April. At the time, DCC’s board unanimously concluded that the bid,…
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