Bid for Coca-Cola Amatil

Staff reporters
Tue, 27 Oct 2020

The European distributor of Coca-Cola has launched an almost A$10 billion bid to buy the New Zealand and Australian Coca-Cola business, Coca-Cola Amatil.In a statement to the ASX, Coca-Cola Amatil said Coca-Cola European Partners wanted to buy out shareholders via a scheme of arrangement valuing the shares at A$12.75 apiece.Coca-Cola European Partners operates in 13 countries and is the largest independent Coca-Cola bottler by revenue, the statement said.The deal represented a premium of 23 percent to the one-week volume-weighted average share...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Opinion FREE
Brian Gaynor: a 'titan' of NZ's capital markets
Jenny Ruth | Sat, 21 May 2022

Brian Roche remembers Brian Gaynor as "sorta scary and impressive at the same time – a real 'conscience' of what was right and fair." 

On the Money
On the Money: Brian Gaynor tributes, Damien Grant's slip-up, Marsden Point and more
Pattrick Smellie | Sat, 21 May 2022

OTM this week: Tributes to a legend of the NZ investment world, who forgot to BCC their who's who subscriber list, a slightly bemusing no smoking note at the Budget lockup and more. 

Law & Regulation
Unlawful collection of Companies Office fees fixed under urgency
Ian Llewellyn | Fri, 20 May 2022

The Companies Office's administration of fees may have saved costs, but the problem is it was against the law.

Partner content
What’s driving the ram raids, and what shop owners can do

Scott La Franchie explains the motivations behind the spate of burglaries.

Partner content
Grow your business by taking time to plan

Getting business fundamentals right gives the best chance at beating the unplannable.