Bumper pay day for Britvic boss ahead of £3.3bn Carlsberg deal Retail The chief executive of Robinsons squash maker Britvic has received a bumper pay day ahead of the group’s £3.3bn takeover by Carlsberg. Simon Litherland has been handed a £4.68m pay packet, up from the £2.86m he received in the prior year and £1.93m in the 12 months before that. The total is the highest Litherland [...]
Competition watchdog takes interest in Carlsberg-Britvic merger Retail The competition watchdog announced this morning that it had opened the first stages of an investigation into the tie-up between Carlsberg and rival drinks brand Britvic. Danish brewing giant Carlsberg agreed to acquire the British soft drinks maker for £3.3bn in July, in a significant push into the UK non-alcoholic drinks market. The CMA has [...]
Carlsberg strikes £3.3bn deal for FTSE 250-listed Britvic retail Directors at Britvic said the offer was "fair and reasonable" recommending unanimously that shareholder vote in favour of the scheme.
Mark Kleinman: Challenging times for challenger banks June 27, 2024 Mark Kleinman is Sky News’ City Editor and is the man who gets the Square Mile talking in his weekly City A.M. column. Today, he looks at challenger banks, Carlsberg's Britvic play and office space woes
Carlsberg poised for third takeover bid for Britvic after Pepsi clears the way June 24, 2024 Carlsberg is on the verge of submitting a third takeover bid for Britvic after Pepsi gave the potential deal its blessing.
Kingmaker Pepsi gives blessing to Carlsberg’s swoop for UK bottler Britvic June 23, 2024 Pepsi has reportedly given its blessing to Carlsberg's attempted takeover of Britvic, the American giant's UK bottler, bolstering the possibility of a raised offer from the Danish beer firm.
Shares in Robinsons squash maker jump as Britvic rejects £3bn takeover bid from Carlsberg June 21, 2024 Britvic, the company behind brands such as Robinsons squash, has rejected a second takeover offer from Carlsberg worth around £3bn.
Britvic: Brand behind UK Pepsi distribution cheers bumper growth as canned Lipton Ice Tea booms May 15, 2024 Britvic revenue grew thanks to the strength of Lipton Ice Tea, with the canned version's launch bumping the brand's revenue up 27.6 per cent.
Britvic toasts strong revenues as ‘affordable treat’ Pepsi Max booms November 22, 2023 Britvic announced a positive set of final year results as the soft drinks maker was bolstered by demand for its sugar free Pepsi products.
Britvic cheers strong results as it adds two further brands to its drinks cabinet July 27, 2023 Britvic this morning announced a positive set of third quarter results for the period ended 30 June, with UK revenue leaping 10 per cent on the previous year to reach £476m. The largest supplier of branded still soft drinks in Great Britain, which owns brands such as J20 and Robinson’s, also announced the acquisition of [...]