Solomon Lew and Richard Murray were brought together last year when they were invited to Kirribilli House by Prime Minister Scott Morrison to discuss the response to the pandemic.
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.
Coca-Cola Amatil (ASX:CCL) share price slides as shareholders vote
Bernd Struben | April 16, 2021 10:29am |
More on: Image source: Getty Images
Coca-Cola Amatil Ltd(ASX: CCL) shares are slumping lower on Friday. At the time of writing, the Coca-Cola Amatil share price is sliding 1.26% to $13.29.
This comes as shareholders of the
S&P/ASX 200 Index (ASX: XJO) listed beverage giant are voting on the long-proposed acquisition by
Coca-Cola European Partners (CCEP).
Shareholders are meeting virtually this morning in Amatil’s Independent Shareholder Scheme Meeting, being held by management in Sydney.
What exactly are shareholders voting on?
Yesterday, after market close, Coca-Cola Amatil announced that the New Zealand Overseas Investment Office (OIO) had given the green light for CCEP to acquire up to 100% of the shares in Amatil. That ticked the last box needed to meet all the regulatory approval conditions precedent under the Implementation Deed.
CC Amatil shareholders back $9 8bn takeover gympietimes.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gympietimes.com.au Daily Mail and Mail on Sunday newspapers.