DCC Gets Sweetened Bid From KKR, ECP After Drawn-Out Talks
AI Summary
KKR & Co. and Energy Capital Partners have increased their bid for DCC Plc to over £5.7 billion and extended the timeline to complete the acquisition. The negotiations for this major takeover have been prolonged.
KKR & Co. and Energy Capital Partners have sweetened their bid for DCC Plc to more than £5.7 billion ($7.7 billion) and bought extra time to complete what’s become a drawn-out takeover process.