Shareholders in bottler Coca-Cola Amatil back takeover bid
Business by ELI GREENBLAT
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Subscriber only Coca-Cola Amatil shareholders have voted overwhelmingly in favour of the $13.50 per share takeover by Coca-Cola European Partners. A meeting of shareholders to approve the deal was told proxy votes already cast were 97.61 per cent in support of the takeover. The next stop is court approval, which will see Coca-Cola European Partners emerge as one of the biggest suppliers to the supermarket, grocery and convenience store sector in Australia as it takes ownership of a large and diverse beverages portfolio that spans soft drinks, beer and cider to iced coffee, bottled water and juices.
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CC Amatil shareholders back $9 8bn takeover
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