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Aviva, one of the ten largest shareholders in Britvic, thinks that Carlsberg needs to raise its takeover offer. During the preceding week, Britvic had let it be known that it had already rebuffed two acquisition offers from the Danish brewer, the highest of which had been for £3. 1bn. In particular, Aviva said that Carlsberg was not taking sufficiently into account how Britvic's finances were expected to improve over the next few years. - The Financial Mail on Sunday
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