Britvic

Carlsberg’s £3.3bln Acquisition of Britvic Cleared By UK Watchdog

Britain’s competition regulator has cleared Carlsberg’s deal worth £3.3 billion with soft drink maker Britvic.

Britvic plc has revealed a return to volume growth in its preliminary results of the year to 20 September 2024, which it released today.

Carlsberg lifted its forecast for full-year operating profit growth on Tuesday despite posting weaker-than-expected sales for Q2.

Irn-Bru maker AG Barr forecast its half-year revenue to be higher than prior-year levels, the company said on Tuesday.

Carlsberg has agreed to buy British soft drinks maker Britvic in a deal worth £3.3 billion in a bid to create a UK beverage company.

Carlsberg said on Monday that PepsiCo has agreed to waive a clause in its bottling deal with Britvic to make acquisition more attractive.

British soft drinks maker Britvic has rejected a takeover proposal worth £3.11 billion from Carlsberg group, the companies said on Friday.

Drinks company Britvic has reported a strong first half of the year on increased revenue and strong demand for its products.

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