DCC Agrees £5.7 Billion Take-Private Deal With KKR, ECP
Updated
Updated · Bloomberg · Jul 27
DCC Agrees £5.7 Billion Take-Private Deal With KKR, ECP
3 articles · Updated · Bloomberg · Jul 27
Summary
DCC agreed to a take-private deal worth more than £5.7 billion, handing the energy, healthcare and technology distributor to KKR and Energy Capital Partners.
Chief Executive Donal Murphy said the offer crystallizes value that public markets had missed, framing the bid as recognition of the company’s underlying worth.
The agreement marks a major private-equity buyout in London, where takeover interest has persisted around listed companies seen as undervalued.
The deal now shifts attention to execution and shareholder backing as DCC moves toward leaving the public market.