Energy distributor DCC Energy said today it would sell its technology division, Nexora, to private equity firm One Equity Partners for a total enterprise value of $725m on a cash- and debt-free basis.
DCCEnergy shareholders are only set to receive a third of the additional maximum £1.25 (€1.47) payment on offer as part of the group’s takeover deal, contingent on a follow-on sale of it is technology unit.
DCC has agreed an emergency motion calling for legal clarity on the operation of rickshaws in the capital, following the death of a woman who was seriously injured in an accident involving a rickshaw last month.
Nashik... Former minister Yashwantrao Gadakh also voiced support for an unopposed election to avoid unnecessary political friction and preserve resources ... Political parties have taken the first step towards bringing about a consensus ... .
The confirmation follows a backlash earlier this week after DCC announced in a press release that it was moving the festival from December to January ... In relation to DCC's press release last Tuesday ...