Carlsberg AS (GB:0AI4) has released an update.
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Carlsberg A/S is set to acquire Britvic PLC for an estimated £3.3 billion, offering shareholders a premium price on their shares. This move, heralded by both companies’ boards, aims to strengthen Carlsberg’s beverage portfolio and expand its European footprint, particularly in Great Britain, Western Europe, and Brazil. The acquisition is part of Carlsberg’s strategy to merge with Britvic and create a leading integrated beverage company, anticipated to generate significant cost savings and be earnings accretive.
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