Morningstar

DCC Rejects $6.7 billion KKR Consortium Bid

Provided by Dow Jones Apr 30, 2026, 7:45:00 AM

By Anthony O. Goriainoff

DCC rejected a 4.95 billion pounds ($6.67 billion) takeover approach from private-equity firms KKR and Energy Capital Partners, saying it undervalues the company and its future prospects.

The FTSE 100-listed marketing and support-services provider said Thursday that the proposal was for 58.00 pounds for each share. The price was a 7.8% premium to DCC's closing price of 53.80 pounds on Tuesday, the day before the company said it had received the approach.

London-listed shares were down 285 pence, or 4.85%, at 55.95 pounds in early morning trading. They are up 20% over the year to date.

The consortium has until June 10 to either make a formal offer to buy DCC or walk away under Irish Takeover rules.

Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com

(END) Dow Jones Newswires

April 30, 2026 03:45 ET (07:45 GMT)

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