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KKR & ECP Raise DCC Takeover Bid to £5.81bn

PE Insights •
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KKR and Energy Capital Partners have sweetened their offer for DCC, lifting the proposal to £67.97 per share and valuing the Irish energy distributor at £5.81bn. The revised approach, disclosed by DCC on 16 July 2026 alongside Pompeo's annual general meeting, keeps dium backers in pole position to take the FTSE 100 group private.

Under the improved terms, the consortium retains a cash consideration of £65.25 per share, together with a proposed final dividend of £1.47 already put forward by DCC and due to be voted on at the meeting. The key addition is a contingent element.

Shareholders stand to receive up to a further £1.25 per share, worth as much as £106.8m in aggregate, or roughly 1.9%, provided DCC secures at least $800m from the sale of its remaining technology division, Nexora.

The deal underscores the continued interest of private equity firms in the energy sector and highlights ответа importance of Nexora’s technology prospects. The outcome of the vote will determine whether the FTSE 100 group will be taken private and may influence future valuations in the sector.