KKR & Co. and Energy Capital Partners (ECP) have agreed to acquire DCC Energy Plc in a deal valued at more than £5.7 billion (about $7.6 billion), according to reports. The acquisition follows a prolonged bidding process for the energy distributor. Financial Post reports the consideration at above £5.7 billion, framing the transaction as the outcome of a lengthy and contested takeover effort. Yahoo Finance also describes the agreement as a takeover by an ECP and KKR consortium, with a reported total value of roughly $7.7 billion, consistent with the same deal described in pounds sterling. While the reported dollar figures differ slightly across outlets, both accounts point to the same announced transaction and same buyer group: KKR and ECP. No additional deal terms, timing details, or regulatory outcomes are provided in the excerpts. The agreement is presented as the culmination of the efforts to secure DCC Energy after extended interest and negotiations in the market.
KKR and Energy Capital agree to acquire DCC Energy for over $7.6 billion
KKR & Co. and Energy Capital Partners (ECP) have agreed to acquire DCC Energy Plc in a deal valued at more than £5.7 billion (about $7.6 billion), according to reports. The acquisition follows a prolo...
- KKR and Energy Capital Partners (ECP) agree to acquire DCC Energy Plc.
- The deal value is reported at more than £5.7 billion.
- The reported total is about $7.6 billion to $7.7 billion across outlets.
- The agreement follows a drawn-out bidding process for DCC Energy.
- The buyers are a consortium of KKR and ECP.
KKR & Co. and Energy Capital Partners agreed a deal to acquire DCC Energy Plc for more than £5.7 billion ($7.6 billion) following a drawn-out chase for the energy distributor.
3 hours ago
Somy Ali says she will continue searching for information about Raj Kiran
Somy Ali posts that she will not stop her efforts to find answers related to actor Raj Kiran. In her message, she says s...
Karl-Anthony Towns’ Contract Situation Continues to Loom Over Knicks’ Offseason
Two outlets report that Karl-Anthony Towns’ contract situation remains a key issue for the New York Knicks as they plan...
Anita Advani recounts Rajesh Khanna seeking divorce multiple times from Dimple Kapadia
Anita Advani, speaking about Bollywood actor Rajesh Khanna’s marriage to Dimple Kapadia, says Khanna asked for a divorce...