UK’s Britvic Rejects Revised Takeover Proposal From Carlsberg
Published by Uma Rajagopal
Posted on June 21, 2024
1 min readLast updated: January 30, 2026
Add as preferred source on Google
Published by Uma Rajagopal
Posted on June 21, 2024
1 min readLast updated: January 30, 2026
Add as preferred source on Google
(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.
(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)
A takeover proposal is an offer made by one company to acquire another company, typically involving a cash offer or stock exchange. It can be friendly or hostile, depending on the target company's response.
Corporate governance refers to the systems and processes that direct and control a company. It encompasses the relationships among stakeholders, including management, the board of directors, and shareholders.
Explore more articles in the Top Stories category











