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LATEST

Gasoline in Australia Jumps to Highest Level Since March●DCC, one of FTSE 100’s biggest energy firms, agrees £5.75bn takeover●Bitcoin ETFs Shed $465M Over Two Days, Led by BlackRock's IBIT●Navigating the Fed’s next move? Why these trades may be an investor’s best weapon.●NBFC stock Aye Finance falls 3% on profit booking; JM Financial, IIFL Capital give buy calls after Q1 results●Varta files for insolvency as German battery maker’s crisis deepens●Frasers Group acquires Greaves Sports●Evolution Mining to acquire Carnaby Resources for $149m●Gasoline in Australia Jumps to Highest Level Since March●DCC, one of FTSE 100’s biggest energy firms, agrees £5.75bn takeover●Bitcoin ETFs Shed $465M Over Two Days, Led by BlackRock's IBIT●Navigating the Fed’s next move? Why these trades may be an investor’s best weapon.●NBFC stock Aye Finance falls 3% on profit booking; JM Financial, IIFL Capital give buy calls after Q1 results●Varta files for insolvency as German battery maker’s crisis deepens●Frasers Group acquires Greaves Sports●Evolution Mining to acquire Carnaby Resources for $149m●

Commodities

Irish Energy Distributor Agrees to $7.7 Billion Takeover by KKR-Led Consortium

Oilprice.com · 1h ago

Irish Energy Distributor Agrees to $7.7 Billion Takeover by KKR-Led Consortium

Irish energy distributor DCC Energy has agreed to be taken over by a consortium led by private equity heavyweight KKR and Energy Capital Partners. The deal values the company at close to $7.7 billion and is about $1 billion higher than KKR’s original offer, which was made in June. The Irish company is among Europe’s largest energy distribution businesses, supplying LPG, fuel oils, and other energy products across multiple international markets. The company has spent recent years reshaping its portfolio through acquisitions and divestments,…

Read the full story at Oilprice.com →

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