Britvic shareholders approve £3.3bn Carslberg takeover
Britvic
1,287.00p
16:24 14/11/24
-0.08%
-1.00p
Britvic edged a step closer to being taken over by Danish brewer Carlsberg on Tuesday.
Beverages
19,708.06
16:25 14/11/24
1.06%
205.89
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16:25 14/11/24
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4,459.30
16:25 14/11/24
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FTSE All-Share
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16:25 14/11/24
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The drinks maker announced in July that it had reached a deal to be bought by Carlsberg for £3.3bn, after two previous bids were rejected.
Under the terms of the acquisition, Britvic shareholders will get £13.15 a share, including a special dividend of 25p a share. The price implies an enterprise value for the owner of Robinsons and Tango Britvic of £4.1bn.
Britvic said on Tuesday that 83% of its shareholders had voted in favour of the deal.