Britvic (BVIC)

Sector:

Beverages

Index:

FTSE 250

1,287.00p
   
  • Change Today:
      5.00p
  • 52 Week High: 1,293.00
  • 52 Week Low: 785.50
  • Currency: UK Pounds
  • Shares Issued: 248.91m
  • Volume: 2,476,733
  • Market Cap: £3,203.42m
  • RiskGrade: 126
  • Beta: 0.36

PepsiCo agrees to waive bottling clause as Carlsberg pursues Britvic

By Michele Maatouk

Date: Monday 24 Jun 2024

LONDON (ShareCast) - (Sharecast News) - Carlsberg confirmed on Monday that PepsiCo has agreed to waive the change of control clause in the bottling arrangements it has with Britvic, removing a potential challenge for the Danish brewer looking to buy the UK drinks company.
Responding to press speculation over the weekend, Carlsberg said: "This waiver will come into effect should an acquisition of Britvic by Carlsberg, which has the recommendation of Britvic's board, proceed to completion."

Carlsberg said it was considering its position. "There can be no certainty that any offer will be made," it added.

Britvic shares surged on Friday after it confirmed it had rejected a £3.1bn takeover proposal from Carlsberg.

At 0825 BST, Britvic shares were up 7% at 1,171p.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Britvic Market Data

Currency UK Pounds
Share Price 1,287.00p
Change Today 5.00p
% Change 0.39 %
52 Week High 1,293.00
52 Week Low 785.50
Volume 2,476,733
Shares Issued 248.91m
Market Cap £3,203.42m
Beta 0.36
RiskGrade 126

Britvic Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
94.89% below the market average94.89% below the market average94.89% below the market average94.89% below the market average94.89% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Price Trend
92.07% above the market average92.07% above the market average92.07% above the market average92.07% above the market average92.07% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Income
49.33% below the market average49.33% below the market average49.33% below the market average49.33% below the market average49.33% below the market average
66.67% below the sector average66.67% below the sector average66.67% below the sector average66.67% below the sector average66.67% below the sector average
Growth
15.57% below the market average15.57% below the market average15.57% below the market average15.57% below the market average15.57% below the market average
20% below the sector average20% below the sector average20% below the sector average20% below the sector average20% below the sector average

What The Brokers Say

Strong Buy 2
Buy 3
Neutral 8
Sell 0
Strong Sell 0
Total 13
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Britvic Dividends

  Latest Previous
  Interim Final
Ex-Div 30-May-24 21-Dec-23
Paid 05-Jul-24 07-Feb-24
Amount 9.50p 22.60p

Trades for 12-Nov-2024

Time Volume / Share Price
16:37 76 @ 1,291.36p
16:37 76 @ 1,292.00p
16:37 105 @ 1,291.35p
16:37 105 @ 1,292.00p
16:37 76 @ 1,292.00p

Britvic Key Personnel

CEO Simon Litherland
CFO Rebecca Napier

Top of Page