Britvic Confirms Share Issuance Amid Potential Offer Discussions
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Britvic plc has announced the issuance of 251,286,917 ordinary shares, allowing shareholders to assess their voting rights. The company is collaborating with Morgan Stanley and Europa Partners as financial advisers regarding a potential offer, adhering to the City Code on Takeovers and Mergers. Britvic is a prominent player in the beverage industry, focusing on soft drinks production and distribution, with a current market cap of £3.24B and a year-to-date price performance of 0.08%.
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