PepsiCo waiving clause for Carlsberg to bid for Britvic in potential $3.9 billion deal

From Investing.com: 2024-06-24 03:11:16

Carlsberg reaches agreement with PepsiCo to waive change of control clause in Britvic bottling arrangements, potentially allowing Danish brewer to bid for British company. Britvic has rejected two previous bids from Carlsberg, but waiver indicates progress. Carlsberg considering next steps, no guarantee of offer. Britvic signed 20-year franchise agreement with PepsiCo in 2020 for UK bottling.



Read more at Investing.com: PepsiCo to waive clause in bottling deal as Carlsberg eyes $3.9 billion Britvic bid By Reuters