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UK’s Britvic rejects revised takeover proposal from Carlsberg

by Uma
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2024 06 21T070634Z 1 LYNXMPEK5K06Z RTROPTP 4 GLOBAL ALCOHOL KRONENBOURG

UK’s Britvic rejects revised takeover proposal from Carlsberg

(Reuters) – British soft drinks maker Britvic rejected a revised, unsolicited, possible cash offer from Carlsberg Group as the proposal undervalued the group and its prospects, it said on Friday.

Britvic’s board unanimously rejected a 1,250 pence-per-share second proposal on June 17, it added.

 

(Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Janane Venkatraman)