{"id":630379,"date":"2026-09-20T10:12:36","date_gmt":"2026-09-20T10:12:36","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/630379\/"},"modified":"2026-09-20T10:12:36","modified_gmt":"2026-09-20T10:12:36","slug":"dcc-energy-shareholders-back-takeover-bid-from-consortium","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/630379\/","title":{"rendered":"DCC Energy shareholders back takeover bid from consortium"},"content":{"rendered":"<p>Shareholders in Irish energy distributor DCC Energy have backed a takeover bid in a deal worth up to \u20ac6.69 billion (\u00a35.73 billion).<\/p>\n<p>A consortium of private equity firms KKR and Energy Capital Partners is seeking to purchase the Dublin-based company.<\/p>\n<p>&#8220;The Board of DCC Energy is pleased that shareholders have today approved the scheme of arrangement to give effect to the recommended acquisition of the company,&#8221; said Mark Breuer, Chair of DCC Energy.<\/p>\n<p>&#8220;The transaction represents a compelling opportunity for our shareholders to crystalise value and, on<br \/>behalf of the Board, I would like to thank shareholders for their engagement and support throughout the process.&#8221;<\/p>\n<p>&#8220;Subject to the satisfaction of remaining conditions and the sanction of the Scheme by the Irish High<br \/>Court, we continue to expect completion to take place in the first quarter of 2027,&#8221; Mr Breuer said.<\/p>\n<p>DCC said that 78.1% of shareholders backed the deal at an Extraordinary General Meeting (EGM) today.<\/p>\n<p>DCC, which distributes liquid gas, biofuels, and renewable energy to businesses and households, had been divesting non-core healthcare and technology assets to focus on its energy business.<\/p>\n<p>Its brands include Certa and Flogas.<\/p>\n","protected":false},"excerpt":{"rendered":"Shareholders in Irish energy distributor DCC Energy have backed a takeover bid in a deal worth up to&hellip;\n","protected":false},"author":2,"featured_media":630380,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[72,61,60],"class_list":["post-630379","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\/630379","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=630379"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/630379\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/630380"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=630379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=630379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=630379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}