{"id":550761,"date":"2026-07-15T10:18:11","date_gmt":"2026-07-15T10:18:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/550761\/"},"modified":"2026-07-15T10:18:11","modified_gmt":"2026-07-15T10:18:11","slug":"dcc-set-to-accept-5-7-billion-bid-from-kkr","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/550761\/","title":{"rendered":"DCC set to accept \u00a35.7 billion bid from KKR"},"content":{"rendered":"<p>Energy distributor DCC is close to accepting a \u00a35.7 billion takeover proposal from a consortium of KKR and Energy Capital Partners despite shareholder pushback, Bloomberg News has reported, citing people familiar with the matter.<\/p>\n<p>DCC distributes liquid gas, biofuels, and renewable energy to businesses and households and its brands here include Flogas and Certa.<\/p>\n<p>It had signalled its support for a sweetened \u00a365.25 cash per share proposal in June, after rejecting a previous bid which it deemed too low.<\/p>\n<p>Two of DCC&#8217;s largest investors, Aviva Investors and Fidelity International, have previously opposed the deal, saying the buyout firms were undervaluing the company, the report said.<\/p>\n<p>The consortium is pushing ahead with its existing offer ahead of a deadline today, the report added, with DCC&#8217;s board close to a final sign-off on the deal.<\/p>\n<p>London-listed DCC and KKR declined to comment on the report, while Energy Capital did not immediately respond to a Reuters request.<\/p>\n<p>Under UK Takeover Panel rules, the consortium has until July 15 to make a firm offer for DCC or walk away.<\/p>\n","protected":false},"excerpt":{"rendered":"Energy distributor DCC is close to accepting a \u00a35.7 billion takeover proposal from a consortium of KKR and&hellip;\n","protected":false},"author":2,"featured_media":550762,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[72,61,60],"class_list":["post-550761","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/550761","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=550761"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/550761\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/550762"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=550761"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=550761"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=550761"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}