Britvic shareholders approve £3.3bn Carslberg takeover

By Michele Maatouk

Date: Tuesday 27 Aug 2024

(Sharecast News) - Britvic edged a step closer to being taken over by Danish brewer Carlsberg on Tuesday.
The drinks maker announced in July that it had reached a deal to be bought by Carlsberg for £3.3bn, after two previous bids were rejected.

Under the terms of the acquisition, Britvic shareholders will get £13.15 a share, including a special dividend of 25p a share. The price implies an enterprise value for the owner of Robinsons and Tango Britvic of £4.1bn.

Britvic said on Tuesday that 83% of its shareholders had voted in favour of the deal.

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