What was the initial takeover offer for DCC, and why was it rejected?

The initial takeover offer for DCC was £4.95 billion ($6.63 billion), or 58 pounds per share, from a consortium comprising KKR and Energy Capital Partners; DCC rejected it in late April, stating the proposal 'undervalued the company.'

What is the deadline for the consortium to submit a revised firm offer for DCC?

The consortium has until June 10 to make a firm offer for DCC or walk away.

KKR, Energy Capital Plan to Sweeten Offer for Ireland's DCC, Bloomberg Reports

May 19, 2026

KKR and Energy Capital Partners plan to increase their takeover bid for Irish energy distributor DCC following a rejected initial offer. The company distributes liquid gas, biofuels, and renewable energy while focusing on core energy operations.

reuters

2026-05-19

KKR and ECP Weigh Increasing Offer for Energy Group DCC

2026-05-19

KKR, Energy Capital Plan to Sweeten Offer for Ireland's DCC, Bloomberg Reports

2026-05-28

KKR and Energy Capital weigh $7.39 billion bid for Ireland's DCC, Sky News reports

2026-06-10

KKR, Energy Capital in Talks to Acquire Ireland's DCC for Over $6.7 Billion

2026-06-10

DCC Prepared to Accept Improved £5.7 Billion KKR Buyout Bid