Connect with us

Business

Big sales desks fight over Coca-Cola Amatil trades – The Australian Financial Review

There’s another round of movement on Coca-Cola Amatil’s register, thanks to Coca-Cola European Partners long-awaited move to bid against itself.

Published

on

Theres another round of movement on Coca-Cola Amatils register, thanks to Coca-Cola European Partners long-awaited move to bid against itself.
This time, there appears greater certainty among fund managers and sell-side analysts that the deal will be done, with the new marker at $13.50 a share well up on the previous $12.75 bid.
Since Monday morning, when CCEPs new bid was revealed, the big trading desks have been scrapping over Coca-Cola Amatil shareholders and M&A hedge funds, seeking to facilitate…

Click here to view the original article.

Continue Reading
Advertisement
Advertisement

Trending