Coca-Cola Amatil Gets A$9.28 Billion Takeover Offer from CCEP
October 25 2020 - 5:42PM
Dow Jones News
By David Winning
SYDNEY--Coca-Cola Amatil Ltd. said it had received a takeover
proposal worth 9.28 billion Australian dollars (US$6.62 billion)
from the company that bottles Coca-Cola products in Western
Europe.
Coca-Cola Amatil said the indicative cash offer of A$12.75 per
share to independent shareholders follows several other recent
proposals made by Coca-Cola European Partners PLC, and it had
agreed to allow the bidder to carry out confirmatory due
diligence.
Write to David Winning at david.winning@wsj.com
(END) Dow Jones Newswires
October 25, 2020 17:27 ET (21:27 GMT)
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