Jim Flavin, the founder of DCC and a 3.22 per cent shareholder in the energy group, says he is strongly opposed to a £5.7 billion (€6.67 billion) bid for the company being made “on the cheap” by a consortium of two private-equity firms. Flavin says he believed DCC should remain independent unless the latest offer of £66.72 a share for the business was greatly improved upon. He added that he believed DCC could be the “next CRH” if it stayed listed on the stock market and delivered on its strategy of becoming a global energy-solutions business. “I don’t believe shareholders…

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