Markets
Markets wrap: DCC deal lifts shares as ISEQ climbs ahead of US inflation report
DCC has purchase Germany’s Progas.
DCC, the Dublin-based international multi-sector group, rose 8.6 per cent on Tuesday after it announced its biggest acquisition in Germany as the Iseq climbed 50 points ahead of US inflation figures.
A set of interim results from DCC showed adjusting operating profits were up 12 per cent year on year and an interim dividend of 63.04p per share and a deal with Germany’s Progas cheered markets, with the London-listed company trading at £50.68 (€58.09) by ...