DCC Gets Improved Takeover Proposal From KKR Consortium

By Ian Walker


DCC said it received an improved proposal from the KKR consortium that will include an extra $800 million related to the sale of the company's technology unit, and that it agreed to extend the deadline for the consortium to make a formal offer.

The marketing and support-services provider said Thursday that accepting shareholders will receive a base offer of 6,525 pence per share in cash and the proposed final dividend of 147.22 pence per DCC share as previously announced.

The base offer price is 5.57 billion pounds ($7.72 billion).

DCC previously said it would recommend the proposal to shareholders if a formal offer was made.

The deadline for private-equity firms KKR and Energy Capital Partners to make a formal offer for the company or walk away has now been extended to July 27.


Write to Ian Walker at ian.walker@wsj.com


(END) Dow Jones Newswires

July 16, 2026 03:10 ET (07:10 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.

Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.

Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.

Popular

Sponsor Center