Davidson Kempner Files DCC Stake Disclosure

Davidson Kempner Capital Management disclosed a position in DCC PLC, according to a Form 8.3 filed with the Irish Takeover Panel.

The filing, made under Rule 8.3 of the Irish Takeover Rules, signals that the hedge fund holds interests in DCC representing 1% or more of the relevant securities. The form covers open positions and any dealings as of the latest practicable date before the disclosure.

Such filings are required when an investor crosses the 1% threshold in a company subject to takeover rules. They provide transparency on who is building or adjusting exposure ahead of or during an offer period.

The disclosure does not specify the exact stake size, direction of holdings, or whether the position reflects a merger-arbitrage or long-only bet. Further detail may emerge in subsequent filings or the fund's quarterly 13F, which is due later this year.

DCC has not commented on the filing. The stock closed at £54.60 on the London Stock Exchange Wednesday.