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DCC Energy plc said it has agreed to sell its Nexora technology division to independently managed investment subsidiaries of funds advised by One Equity Partners or Technology Disposal for $725 million.
DCC Energy agreed to sell its Nexora technology division to funds advised by One Equity Partners in a deal valuing the division at $725 million. DCC expects $701 million in proceeds and said the sale is expected to complete on or after March 1.