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Amatil shareholders confused over âfull and finalâ bid
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New Coca-Cola Amatil shareholders say they arenât taking seriously a comment by Coca-Cola European Partners that its $9 billion offer is âfull, fair and finalâ.
Unveiling the $9 billion offer in October, Coke Europeâs chief financial officer Nik Jhangiani told CCEP investors the $12.75 cash offer for shares not held by The Coca-Cola Co ârepresents a very full, fair and final price for the public shareholders of Amatilâ.
Under Australian truth in takeovers regulations, CCEP would not be allowed to raise its offer price after declaring the offer final.
After originally saying its offer for Amatil was âfull and finalâ, Coke Europe was forced to reserve the right to raise the price. Â
Operator
Welcome to Franklin Resources Earnings Conference Call for the Quarter Ended December 31, 2020. My name is Vishay [Phonetic] and I will be your operator call operator today.
Statements made on this conference call regarding Franklin Resources, Inc., which are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of known and unknown risks, uncertainties and other important factors that could cause actual results to differ materially from any future results expressed or implied by such forward-looking statements. These and other risks, uncertainties and other important factors are described in more detail in Franklin s recent filings with the Security and Exchange Commission, including the risk factors and MD&A section of Franklin s most recent Form 10-K and 10-Q filings. [Operator Instructions]
Sanlam begins UK thematics push after 2020 s acquisition spree
Specialist funds targeted in latest growth plans
Tom Carroll of Sanlam
Sanlam Investments key focus for 2021 will be establishing itself as a provider of thematic funds to UK investors, having significantly expanded its offering last year with a series of deals, head of asset management Tom Carroll has said.
The firm is expecting to be more reserved this year in terms of buying in established vehicles and investment teams, with a greater focus on potential internal launches, but Carroll has not ruled out acquisitions.
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