Market Chatter: DCC Board Reportedly Close to Approving Takeover Bid by KKR, Energy Capital Consortium

11:16 AM EDT, 07/14/2026 (MT Newswires) -- DCC's (DCC.L) board is nearing the approval of the KKR and Energy Capital Partners consortium's proposal to buy the company for 5.7 billion pounds sterling ahead of the Wednesday deadline, Bloomberg News reported Tuesday, citing people familiar with the matter. The multi-energy sales and distribution company's board is reportedly set to endorse the sale at the existing offer of 66.72 pounds per share despite earlier pushback from DCC's two largest shareholders, Aviva Investors and Fidelity International, which said the offer undervalues the company. DCC declined to comment when reached by MT Newswires, while KKR and Energy Capital Partners did not immediately respond to requests for comment. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)