Britvic shareholders approve £3.3bn Carslberg takeover

27th Aug 2024 15:49

(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.