Jim Flavin, the founder of DCC Energy and a 3.22% shareholder in the listed energy group, has issued a statement reiterating his opposition to the proposed sale of the business for a “miserable” price of £5.7 billion (€6.67 billion). The move comes the week before shareholders are being asked to vote on the take-private offer at an EGM on September 18. In his statement, Flavin said: “I am seeking to make shareholders of DCC Energy PLC realise that there is a much better way for them to maximise the value of their shareholding by not accepting the current miserable bid…
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