Home / Business and Economy / KKR & Co. and Energy Capital Partners Consider Raising Offer for DCC Plc
KKR & Co. and Energy Capital Partners Consider Raising Offer for DCC Plc
3 Jun
Summary
- KKR & Co. and Energy Capital Partners are exploring a higher bid.
- The previous offer for DCC Plc stood at £58 per share.
- Advisers are evaluating a potential increase to the acquisition price.
KKR & Co. and Energy Capital Partners are contemplating an increased offer to acquire DCC Plc. Sources close to the matter indicate that the private equity firms are engaged with advisers.
These advisers are currently assessing the possibility of raising the previous bid. The initial offer had been set at £58 per share for the energy provider.
The firms are evaluating how to enhance their proposal to secure the acquisition of DCC Plc. Further details regarding the potential new offer are expected to emerge as discussions progress.
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