DCC receives cash takeover proposal from ECP and KKR
DCC is evaluating a cash takeover bid from Energy Capital Partners and KKR. The firm says there is no certainty that a formal offer will be made at this time.
DCC PLC received a cash takeover proposal from a consortium led by KKR & CO INC and Energy Capital Partners on Wednesday. The United Kingdom-based sales, marketing and support services provider currently holds a market value of £4.6 billion ($6.2 billion). The proposal was received on April 29. DCC management noted there is no certainty the proposal will lead to a firm offer.
### Private Equity Targets British Infrastructure DCC confirmed it is evaluating the cash offer from the KKR-led consortium. The company is a sales, marketing and support services provider serving various sectors. DCC management stated there is no certainty the proposal will lead to a firm offer.
