Business
Coke Europe increases offer for Coca-Cola Amatil – Sydney Morning Herald
The European arm of drinks giant Coca Cola has upped its offer price in a takeover bid for local operator Coca-Cola Amatil following increased pressure from analysts…
CCEP said it had received legal and financial advice about the improved fortunes of the Australian operations including on the fundamental value of the business, the companys recent trading update, interest rates and shareholder feedback.
Coca-Cola Amatil chairman Illana Atlas said she was pleased to see the higher offer price from CCEP.
The economic outlook for Australia and New Zealand has improved since the announcement of the original CCEP proposal and recent trading validates our strategy and…
-
General21 hours agoTwo people arrested after man fatally shot at McLaren Flat
-
General12 hours agoICAC investigating University of Wollongong as chancellor grilled at Inquiry
-
Noosa News22 hours agoBrisbane councillor Trina Massey ordered to apologise and repay funds over Israel-Palestine article
-
General19 hours agoWarner Bros Discovery board rejects rival $163bn bid from Paramount