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Carlsberg Proposes Increased Offer for Britvic

Carlsberg Proposes Increased Offer for Britvic

Carlsberg AS (GB:0AI4) has released an update.

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Carlsberg Group has confirmed an increased cash offer to acquire Britvic plc at 1,250 pence per share, following a previous proposal at 1,200 pence per share, which was rejected. The deal, valuing Britvic at a 29% premium over its recent closing share price, aligns with Carlsberg’s strategic growth plans but remains uncertain as they consider their next steps after Britvic’s board’s refusal. Carlsberg aims to fund the potential acquisition entirely through debt and emphasizes the transaction’s fit with its Accelerate SAIL strategy for capturing growth opportunities.

For further insights into GB:0AI4 stock, check out TipRanks’ Stock Analysis page.

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