Britvic Confirms Share Issuance Amid Potential Offer Discussions
Britvic plc has announced the issuance of 251,286,917 ordinary shares, allowing shareholders to assess their voting rights. The company is collaborating with Morgan Stanley and Europa Partners as financial advisers regarding a potential offer, adhering to the City Code on Takeovers and Mergers. Britvic is a prominent player in the beverage industry, focusing on soft drinks production and distribution, with a current market cap of £3.24B and a year-to-date price performance of 0.08%.
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The latest announcement is out from Britvic ( (GB:BVIC) ).
Britvic plc has announced the issuance of 251,286,917 ordinary shares, which shareholders can use to assess their voting rights percentage. The company is working with Morgan Stanley and Europa Partners as financial advisers in connection with a potential offer, emphasizing adherence to disclosure requirements under the City Code on Takeovers and Mergers, impacting stakeholders involved in securities dealing.
More about Britvic
Britvic plc is a leading company in the beverage industry, primarily engaging in the production and distribution of soft drinks. The company operates a sponsored American Depositary Receipts (ADR) program, with ADRs traded on OTCQX, broadening its market reach.
YTD Price Performance: 0.08%
Average Trading Volume: 2,149,188
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £3.24B
Find detailed analytics on BVIC stock on TipRanks’ Stock Analysis page.
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