DCC board faces M&A 'laggard’s dilemma'

The board of DCC is grappling with a strategic challenge as its price-to-earnings ratio has significantly declined, making it a potential target for suitors.

28 Jul, 04:00 — 28 Jul, 04:00

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FTVery High2h ago

DCC board grapples with an M&A ‘laggard’s dilemma’

Its price-to-earnings ratio fell from nearly 25 times in 2016 to around 11 times in early April, before its suitors emerged

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DCC board faces M&A 'laggard’s dilemma'

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DCC board grapples with an M&A ‘laggard’s dilemma’

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