DCC

DCC PLC on Monday announced plans to return up to 600 million British Pounds to shareholders through a tender offer, using proceeds from the recent sale of its healthcare division.

DCC PLC on Tuesday reported a 5.4% drop in first-half adjusted operating profit but reiterated its full-year guidance and detailed plans for a 600 million British Pounds tender offer for shareholders.

DCC plc has agreed to acquire two liquid gas businesses from UGI International, pushing forward with its strategy to focus on its energy division following a series of divestments.

Barclays PLC has built a 6.11% stake in Irish conglomerate DCC PLC, according to a regulatory filing on Monday.

DCC plc said Wednesday it has completed the sale of its healthcare division and plans to return an additional 600 million British Pounds to shareholders as it focuses on its energy business.

DCC plc has agreed to sell its UK and Ireland information technology distribution business to private equity firm AURELIUS, as the Dublin-based group continues to streamline its operations to focus on energy.