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Coca-Cola European Partners sweetens takeover offer for Coca-Cola Amatil
StockMarketWire.com
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Bottling company Coca-Cola European Partners increased its final takeover offer for Coca-Cola Amatil to A$13.50 from A$12.75 a share, citing latter's improved trading and debt position.
Taken with the agreement with Coca-Cola, the final offer of A$13.50 to the shareholders implied an effective price per share to be paid by CCEP of A$12.53 per Coca-Cola Amatil share, which represents an increase of A$0.52, or 4.3%, from an effective price per share of A$12.01 payable under CCEP's prior offer, the company said.
The revised scheme remained subject to customary conditions, including Coca-Cola Amatil's shareholder approval, court approval and New Zealand foreign investment regulatory approval.
At 10:00am: (LON:CCEP) share price was 0p at 33.55p
Story provided by StockMarketWire.com
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