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Market Impact: 0.55

DCC Gets Sweetened Takeover Bid From KKR, ECP

DCCPF
KKR
M&A & RestructuringCompany FundamentalsMarket Technicals & Flows

KKR & Co. and Energy Capital Partners increased their bid for DCC Plc to more than £5.7B ($7.6B) and extended their deadline to complete the drawn-out takeover. The higher valuation supports deal momentum and is likely to keep attention on DCC deal pricing and timing.

Analysis

KKR & Co. and Energy Capital Partners increased their bid for DCC Plc to more than £5.7B ($7.6B) and extended their deadline to complete the drawn-out takeover. The higher valuation supports deal momentum and is likely to keep attention on DCC deal pricing and timing.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.20

Ticker Sentiment

DCCPF0.30
KKR0.30