A PYMNTS Company

UK: $2.4B beverage merger delayed by OFT

By  |  January 14, 2013

The Office of Fair Trading has requested more time to complete its review of the requested $2.4 billion merger between AG Barr and Britvic, destroying hopes for the two parties that the deal would be complete by the end of the month. If approved, the merger would create one of the UK’s top competing beverage companies, with estimated sales of more than $2.4 billion, according to reports. The new entity would be named Barr Britvic Soft rinks, and according to the deal Britvic shareholders would own a 63 percent share of the company.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Full Content: London Evening Standard

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.