DCC confirmed an improved takeover proposal from KKR and Energy Capital Partners. The new offer values the energy distributor at £5.81 billion, including a potential Nexora sale payment. This revised bid follows DCC's rejection of an earlier, lower offer in April. The Irish takeover panel extended the consortium's deadline to July twenty-seventh. DCC's operating profit remains ahead of last year and meets expectations.

KKR and Energy Capital have until 7am on Thursday to bid

Energy Capital Partners and KKR’s total proposal now stands at £67.97 per share – or £5.8bn – in total

DCC confirmed an improved takeover proposal from KKR and Energy Capital Partners. The new offer values the energy distributor at £5.81 billion, including a potential Nexora sale…