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    DCC Energy CEO Defends €6.7 Billion Takeover Offer

    4 hours ago

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    DCC Energy's CEO, Donal Murphy, defended the board's decision to accept a €6.7 billion cash takeover offer from Energy Capital Partners and Kohlberg Kravis Roberts, after rejecting six previous bids. The offer includes a £65.25-per-share payment. Some shareholders oppose the deal, claiming it undervalues the company. An extraordinary general meeting is expected in September for shareholder approval.
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