DCC plc has rejected a takeover proposal from a consortium comprising KKR and Energy Capital Partners, after the group tabled a cash offer valuing the company at approximately £4.95bn ($6.66bn), according to a report by Reuters.

Lazard has agreed to acquire private markets advisory specialist Campbell Lutyens in a transaction valued at approximately $575m, a move that will see the creation of a new dedicated private capital advisory business, according to a report by Reuters.

Portuguese football club SL Benfica has agreed a minority stake sale to Entrepreneur Equity Partners at a valuation implying a significant premium over recent trading levels, underscoring growing international demand for European football assets, according to a report by Bloomberg.

Ametek is engaged in exclusive discussions to acquire the testing and measurement division of Indicor, a portfolio company of private equity firm Clayton Dubilier & Rice, at a potential valuation of $5bn, according to a report by Reuters.

Private investment firm CVC Capital Partners is evaluating a potential €9bn ($10.5bn) bid for Italian payments group Nexi, as it revisits a target it has previously explored acquiring, according to a report by Reuters.

Virtusa, the global IT services provider owned by European private investment major EQT, is assessing plans for an initial public offering in India that could raise at least $1bn and value the business at $7bn or more, according to a report by Reuters.