Browsing Tag
Nexora
2 posts
Why DCC Energy’s $725m Nexora deal could change the final KKR takeover payout
DCC Energy’s sale of Nexora to One Equity Partners closes a key strategic disposal and could add an estimated 42 pence per share to the separate KKR and Energy Capital Partners takeover consideration.
DCC Energy (LSE: DCC) backs £5.75bn KKR and Energy Capital Partners takeover as shareholder vote becomes decisive
DCC Energy’s board has recommended a £5.75 billion cash takeover after months of negotiations, but shareholder resistance and the conditional Nexora payment leave the transaction facing a consequential September vote.