DCC shareholders approve the proposed ECP–KKR takeover scheme
DCC ($DCC) shareholders approved the proposed acquisition by Dragon Bidco, backed by ECP and funds advised by KKR ($KKR), at the court and general meetings. At the scheme meeting, 78.09% of votes cast supported the transaction. The associated resolutions required to implement the arrangement also passed. The vote clears a shareholder condition but does not complete the takeover. The scheme still requires Irish High Court approval and satisfaction or waiver of the remaining conditions. Completion
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