DCC considers takeover bid from KKR and Energy Capital
Shares in FTSE 100 company surge more than 14%
Shares in FTSE 100 company surge more than 14%

Private capital firm explored both £7bn sale and partial disposal of UK waste management group

Examples of assets shunted from one continuation vehicle into another are dribbling out

Surge in foreign acquisition values reflects quality of assets, but at discount valuations

Private capital group has been recovering under chief Harvey Schwartz

FTSE 100 testing company said two previous bids by Swedish private equity group had undervalued its business

US private capital group expected to restart fundraising in flagship European buyout fund