Britvic shareholders approve £3.3bn Carslberg takeover
Britvic
1,273.00p
17:15 13/09/24
0.00%
0.00p
Britvic edged a step closer to being taken over by Danish brewer Carlsberg on Tuesday.
Beverages
20,475.98
16:44 13/09/24
-1.23%
-254.53
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16:44 13/09/24
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16:44 13/09/24
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17:00 13/09/24
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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.