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Announced

Carlsberg withdrew its offer to acquire Britvic for $3.93bn.

Synopsis

Carlsberg Group, a Danish multinational brewer, withdrew its offer to acquire Britvic, a British producer of soft drinks, for $3.93bn. "Carlsberg believes that the potential transaction would enable it to capture appealing long-term growth opportunities from Britvic's comprehensive portfolio of leading brands in an attractive segment of the beverage market where Carlsberg already has a strong track record. The potential transaction is fully aligned with Carlsberg's ambitious growth agenda as set out in its Accelerate SAIL strategy announced in February 2024," Carlsberg.

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