# UK’s Britvic rejects revised takeover proposal from Carlsberg
Author: Pal sinha, Barnali
Author URL: https://startupobserver.com/author/pal-sinha-barnali/
Published: 2024-06-21
Category: Headlines
Category URL: https://startupobserver.com/category/headlines/
Meta Title: Britvic Rejects Revised Takeover Proposal from Carlsberg
Meta Description: Learn why Britvic said no to Carlsberg's latest cash offer, deeming it undervalued and against their prospects. Get the full story here.
URL: https://startupobserver.com/uks-britvic-rejects-revised-takeover-proposal-from-carlsberg/

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(Reuters) – British soft drinks maker Britvic rejected a revised, unsolicited, possible cash offer from Carlsberg Group as the proposal undervalued the group and its prospects, it said on Friday.

Britvic’s board unanimously rejected a 1,250 pence-per-share second proposal on June 17, it added.

(Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Janane Venkatraman)


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