KKR-led consortium raises offer for Ireland's DCC to $7.9 billion

DCC confirmed an improved takeover proposal from KKR and Energy Capital Partners. The new offer values the energy distributor at £5.81 billion, including a potential Nexora sale payment. This revised bid follows DCC's rejection of an earlier, lower offer in April. The Irish takeover panel extended the consortium's deadline to July twenty-seventh. DCC's operating profit remains ahead of last year and meets expectations.