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Stock impact report

Carlsberg to build Kazakhstan factory amid new PepsiCo deal [Yahoo! Finance]

BRITVIC PLC S/ADR (BTVCY) 
NASDAQ:AMEX Investor Relations: britvic.com/investors/at-a-glance
Company Research Source: Yahoo! Finance
In July, UK soft-drinks producer Britvic, the bottler for PepsiCo in the UK, accepted a takeover bid from Carlsberg worth £3.3bn ($4.2bn). Carlsberg secured an agreement from PepsiCo to waive a clause in its bottling contract with Britvic that would come into effect after the takeover. At the time, Britvic's non-executive chair, Ian Durant, said: “Crucially, to remain competitive at a time when the market is being shaped by the trend of increasing consolidation among bottling partners, Carlsberg's agreement with PepsiCo provides the combined group with a strong platform for continued success.” This week, the UK's Competition and Markets Authority (CMA) called for comments on Carlsberg's proposed acquisition of Britvic. In a statement, the CMA said it is assessing whether the brewer's proposed takeover could “result in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services”. At the same time that Britvic accepted the d Show less Read more
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