Shares in Carlsberg plunged after Britvic rejected a takeover bid
Shares in Carlsberg suffered their biggest one-day fall in more than four years after British soft drinks maker Britvic said it had rejected a £3.11bn takeover offer from the Danish brewer.
According to CNBC, Carlsberg’s share price fell 8.7 percent, the company’s biggest one-day share price decline since March 12, 2020. Shares then fell 8.77 percent, thanks to global market turbulence caused by the COVID-19 pandemic.
Following the rejection of the takeover bid, Britvic shares, on the other hand, rose 18.5%, indicating a positive market reaction to the news.
Related news
Sport as a strategic brand experience
Today sport is way more than just a sponsorship platform:…
Read more >(HU) Megújuló energiával készített alkoholmentes sört a Carlsberg Svédországban
Carlsberg Sweden has launched a limited-edition, alcohol-free beer that is…
Read more >Carlsberg is once again the official beer of UEFA national team tournaments
Carlsberg has signed a long-term partnership agreement with UEFA to…
Read more >Related news
Márton Nagy: the government would introduce margin restrictions for stores selling household goods
The government may discuss on Wednesday and is expected to…
Read more >More expensive Barbie, thinner Heinz – Trump’s tariffs redraw the global consumer market
The impact of Donald Trump’s tariff policy is affecting more…
Read more >Almost 20 percent cheaper food? The government is satisfied with the results of the margin reduction
“Thanks to the margin reduction, more and more products can…
Read more >