DCC Energy to Sell Nexora Technology Division for $725 Million
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View chart & analysis → - 1DCC Energy has agreed to sell its Nexora technology division to One Equity Partners.
- 2The sale will proceed with Nexora's total enterprise value at $725 million on a cash and debt-free basis.
- 3DCC expects net proceeds of $701 million, assuming completion by March 1, 2027, and no value leakage outside the DCC Group.
So what's the key point?
DCC Energy has decided to sell its Nexora technology division for $725 million. This sale is expected to result in $701 million in net proceeds for DCC Energy.
Source Investing.com · View original ↗
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