DCC PLC Acquisition of Butagaz - Regulatory clearance (8026X)
September 02 2015 - 2:00AM
UK Regulatory
TIDMDCC
RNS Number : 8026X
DCC PLC
02 September 2015
2 September 2015
DCC plc
DCC Energy obtains regulatory clearance for the acquisition of
Butagaz
DCC plc, the international sales, marketing, distribution and
business support services group, announces that DCC Energy has now
obtained all the relevant regulatory clearances necessary to
complete the acquisition of Butagaz S.A.S. ("Butagaz") and that the
necessary Works Councils' consultations have been completed. The
agreement to acquire Butagaz is now unconditional in all respects
and is expected to complete in November 2015 following the
separation of the Butagaz IT infrastructure from Shell's global
infrastructure.
Details of the acquisition were set out in DCC's Stock Exchange
Announcement on 19 May 2015.
About DCC plc
DCC plc is an international sales, marketing, distribution and
business support services group headquartered in Dublin with
operations in Britain, Continental Europe and Ireland. DCC has four
divisions - DCC Energy, DCC Technology, DCC Healthcare and DCC
Environmental. In its financial year ended 31 March 2015, DCC
generated revenue of GBP10.6 billion and operating profit of GBP222
million and currently employs approximately 10,200 people in 14
countries. DCC's shares are listed on the London Stock Exchange and
are included in the FTSE All-Share Index and the FTSE 250 Index
under Support Services.
This information is provided by RNS
The company news service from the London Stock Exchange
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