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Coca-Cola European Partners sweetens takeover offer for Coca-Cola Amatil | 15 February 2021

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Coca-Cola European Partners plc Announces Best and final offer to acquire Coca-Cola Amatil

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION Coca-Cola European Partners plc (CCEP) announces it has entered into a binding agreement for a best and final offer of A$13.50 to the Independent Shareholders

Coke Europe increases offer for Coca-Cola Amatil

Coke Europe all set for $10bn takeover of Coca-Cola Amatil after hiking offer price We’re sorry, this service is currently unavailable. Please try again later. Dismiss Normal text size Advertisement The European arm of drinks giant Coca Cola has likely locked in enough shareholder support to secure a $9.8 billion takeover of local bottler Coca-Cola Amatil after increasing its offer price by 75 cents. Coca-Cola European Partners (CCEP) announced on Monday it had issued a best and final offer to acquire the ASX-listed business for $13.50 a share, upping its price following months of pressure from analysts and shareholders. Coca Cola Amatil announced on Monday morning that Coca-Cola European Partners (CCEP) had upped its offer by 75 cents per share to $13.50, declaring the proposal its “best and final” offer.

Coca-Cola s European bottler sweetens offer for Australia s Coca-Cola Amatil

By Reuters Staff 3 Min Read (Reuters) - The European bottling arm of Coca-Cola has sweetened its final, binding takeover offer for Australian counterpart Coca-Cola Amatil by 75 cents per share, reflecting a jump in the company’s market value since an initial offer last year. FILE PHOTO: Bottles of Coca-Cola are pictured during a presentation in Paris, France, January 19, 2016. REUTERS/Benoit Tessier Coca-Cola European Partners (CCEP) said on Monday it was raising the offer by 6% to A$13.5 per share, valuing the Australian company at A$9.93 billion ($7.70 billion). Shares in Coca-Cola Amatil, which have been gaining steadily since CCEP’s initial offer was made public in October, hit an eight-year high of A$13.41 in response.

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