DCC Signals Support for $7.6 Billion KKR-Led Takeover Bid

DCC Signals Support for $7.6 Billion KKR-Led Takeover Bid

DCC plc, the Dublin-based international sales, marketing, and support services group, announced on Tuesday that it intends to recommend a revised $7.6 billion takeover offer from a consortium led by private equity giants KKR and Energy Capital Partners. The proposed acquisition, which follows several weeks of private negotiations, marks a significant shift in the company’s…

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Parker-Hannifin Expands Aerospace Footprint with $2.55 Billion Acquisition of Circor Unit

Parker-Hannifin Expands Aerospace Footprint with $2.55 Billion Acquisition of Circor Unit

Strategic Acquisition in the Aerospace Sector Industrial giant Parker-Hannifin Corporation announced a definitive agreement this week to acquire the aerospace segment of Circor International, a company currently backed by private equity firm KKR, in an all-cash transaction valued at $2.55 billion. The deal, which aims to close by the end of the year pending regulatory…

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