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Ireland's DCC Energy to sell tech unit Nexora for $725 million ahead of KKR buyout

Source: reuters.com

M&A & RestructuringCompany FundamentalsPrivate Markets & Venture
Ireland's DCC Energy to sell tech unit Nexora for $725 million ahead of KKR buyout

DCC Energy agreed to sell its technology division, Nexora, to private equity firm One Equity Partners for an enterprise value of $725 million. The deal is on a cash- and debt-free basis; no closing timeline or market reaction was reported.

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