03:04 AM EDT, 07/16/2026 (MT Newswires) -- DCC (DCC.L) said Thursday its directors agreed to extend the put-up-or-shut-up deadline for Energy Capital Partners and KKR in light of an improved proposal from the consortium. The takeover offer retained its base cash consideration of 65.25 pounds sterling plus the permitted final dividend of 1.4722 pounds per share. The latest version included up to 1.25 pounds per share cash consideration linked to the ongoing sale of the multi-energy sales and distribution group's DCC Technology business, which was renamed Nexora. The consortium now has until July 27 to finalize whether it will pursue a firm offer for the company.

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