DCC Announces Strategic Restructuring, Shares Surge

The Dublin-based conglomerate plans to focus on its energy division, selling healthcare and technology units valued at £2 billion.

DCC's restructuring plan aims to concentrate on its energy business, which already contributes 70% of its earnings.
The company plans to sell its healthcare division by the end of next year and is exploring options for its technology unit.
Shares in DCC rose by approximately 15% following the announcement, reflecting investor optimism.
Proceeds from the sales will be returned to shareholders, enhancing shareholder value.
The energy division's focus is on sustainable, multi-energy solutions to support clients' energy transitions.