Carlsberg agrees £3.3bn takeover of Robinsons maker Britvic

Yorkshire Post

Danish brewing giant Carlsberg has agreed a £3.3 billion deal to buy Robinsons squash maker Britvic. The UK soft drinks firm, which also makes J2O and Tango, told shareholders on Monday morning it will recommend the latest deal – which is valued at £4.1 billion when debts are taken into account – after rejecting a previous £3.1 billion offer.

Transcript

00:00Hello, my name is Greg Wright. I'm the Deputy Business Editor of the Yorkshire Post. Here

00:07are your headlines for this morning. The Danish brewing giant Carlsberg has agreed a £3.3

00:13billion deal to buy the Robinson squash maker Bredvik. The UK soft drinks firm, which also

00:20makes J2O, told shareholders on Monday it will recommend the latest deal after rejecting

00:27a previous £3.1 billion offer. The brewing giant had been expected to return with a stronger

00:34offer after PepsiCo struck a deal with Carlsberg which would preserve Bredvik's bottling agreement

00:41with the US drinks giant in the event of a takeover. So major breaking business news

00:47story this morning. Carlsberg has agreed a £3.3 billion deal to buy the Robinson squash

00:54maker Bredvik. My name is Greg Wright. I'm the Deputy Business Editor of the Yorkshire Post.

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