We are acting for Kohlberg Kravis Roberts & Co. L.P. (“KKR”) on the recommended acquisition of DCC Energy plc by a consortium formed by KKR and ECP (Energy Capital Partners). The transaction values DCC Energy at approximately £5.75 billion.
DCC Energy is a Dublin-headquartered, London-listed international energy sales and distribution business and a constituent of the FTSE 100. The proposed acquisition is intended to be implemented by way of a scheme of arrangement under Irish law and remains subject to shareholder, court and regulatory approvals.
The Arthur Cox team advising KKR is led by Michael Coyle and Stephen Ranalow (Corporate and M&A) and includes Tim Gleeson, Niamh O’Driscoll, Aisling Taylor and M.J. Gillen (Corporate and M&A), together with Dara Harrington and Christopher O’Reilly (Asset Management and Investment Funds).
For full details of the transaction, visit the London Stock Exchange website.