Britvic Takeover Rumours (BVIC)

Pepsi gives its blessing to Carlsberg’s £3bn deal for Britvic A third bid for the owner of Robinsons squash could succeed with the blessing of an American ally HTTPS://www.thetimes.com/business-money/companies/article/britvic-takeover-bid-pepsi-co-production-qkdw5zkl0

#Philanderer, see what Carlsberg come back with, maybe a knockout bid the BOD cannot refuse, any offer for Britvic is governed by the takeover code not later than 5.00 p.m. on 19 July 2024.. Busy year for MnA this year what with SMDS/MNDI/IP, DLG/AGS now TATE/CPK and this one.. 21.06.2024 - Carlsberg takes a disciplined approach to evaluating acquisition opportunities and will only proceed with a transaction that is strategically and financially attractive to Carlsberg and its shareholders. Any offer, if made, is likely to be solely in cash and is expected to be fully debt financed.. IF a bid is accepted I will exit and am considering doubling down at DGE which looks good value at 2500 pence and a 3.3% dividend return, with an interest rate cut not far off now Aug/Sept should draw a line in the slide to cheaper from premium and reverse the trend..?

Richard Hunter at Interactive Investor said: "While there is no guarantee that any takeover will happen, the news is the latest confirmation that there are many overseas companies running the slide rule over UK PLC "On the one hand, it recognises that there are many well-run businesses who are trading at a discount to their true value and are therefore attractive bid targets. "On the other hand, it also reduces the number of companies listed which is a real current concern for policymakers and which has yet to be addressed.â€￾ proactiveinvestors.co.uk