Energy Capital Partners

And that company had been trading at around £50 per share.

KKR and their partner, Energy Capital Partners, initially made a bid of £58, which was viewed as rather stingy.

It was subsequently raised to just over £65 plus the dividend, which the board accepted, despite it being, in our view, a low valuation bid.

given the company's cash generation and its growth plan, which was all self-funded.

But DCC is a FTSE 100 product.

or at the moment is a FTSE 100 Irish-based gas and energy distributor that over the period of the last few months has been subject to multiple rounds, a little bit like the EasyJet story that we covered a few months ago, multiple rounds of bids from KKR and Energy Capital Partners.

Best known, by the way, and I was just doing my research on Energy Capital Partners, best known in the UK for their buyouts

of

Biffa.