Coca-Cola Amatil gets $6.6 billion takeover offer from Coca-Cola European Partners

In this news, we discuss the Coca-Cola Amatil gets $6.6 billion takeover offer from Coca-Cola European Partners.

(Reuters) – Coca-Cola Amatil Ltd CCL.AX said on Monday that Coca-Cola European Partners CCEPC.L had offered to buy the Australian bottler for A $ 9.23 billion ($ 6.58 billion), in what would be the country’s biggest contract this year.

The world’s largest independent Coca-Cola bottler offers AU $ 12.75 per share, an 18.6% premium over the last closing price of the Sydney-based company which operates in six Asia-Pacific countries .

(1 USD = 1.4027 Australian dollar)

Report by Nikhil Kurian Nainan in Bengaluru; Edited by Peter Cooney

Original © Thomson Reuters

Originally posted 2020-10-25 16:36:09.

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