# UK’s Britvic rejects revised takeover proposal from Carlsberg
Published: 2024-06-21
Category: Headlines
Category URL: https://business.express/category/headlines/
Meta Title: Britvic rejects Carlsberg takeover offer, says it
Meta Description: UK's Britvic rejects unsolicited cash offer from Carlsberg, stating undervaluation of group and prospects. Board unanimously declines 1,250p/share proposal.
URL: https://business.express/uks-britvic-rejects-revised-takeover-proposal-from-carlsberg/

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(Reuters) – British soft drinks maker Britvic rejected a revised, unsolicited, possible cash offer from Carlsberg Group as the proposal undervalued the group and its prospects, it said on Friday.

Britvic’s board unanimously rejected a 1,250 pence-per-share second proposal on June 17, it added.

(Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Janane Venkatraman)


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