juice bottler refresco in talks with french investor
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Juice bottler Refresco in talks with French investor

Arab Today, arab today

Arab Today, arab today Juice bottler Refresco in talks with French investor

Refresco employs some 5,500 people and last year bottled some 6.5 billion litres of soft drinks and juice.
The Hague - Arab Today

Refresco, Europe's largest juice and soft-drink bottler, said Wednesday it has launched negotiations with Paris-based investor PAI partners after receiving a 1.6 billion euro ($1.9 billion) takeover bid.

The Rotterdam-based company had "carefully reviewed" an offer which was "an unsolicited, indicative and conditional proposal from PAI," Refresco said in a statement.

Since the offer was made on October 3 contacts have "taken place with PAI on a number of topics, including the financial and non-financial conditions," and Refresco "has now entered into negotiations with PAI."

The Dutch independent bottler, which works with brands such as Innocent and Del Monte, had fended off an initial offer from the private equity firm in April worth 1.4 bn euros.

The company bottles soft drinks and fruit juices for retailers across mainland Europe, Britain and the United States.

It employs some 5,500 people and last year bottled some 6.5 billion litres of soft drinks and juice, earning a net profit of 81.5 million euros.

Source: AFP

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

juice bottler refresco in talks with french investor juice bottler refresco in talks with french investor

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

juice bottler refresco in talks with french investor juice bottler refresco in talks with french investor

 



GMT 16:16 2014 Wednesday ,10 September

Samirah Ibrahim receives Saudi cultural attaché

GMT 09:32 2017 Sunday ,24 September

China confirms will limit oil exports to North Korea

GMT 19:56 2016 Saturday ,17 September

Typhoon Meranti death toll rises to 28

GMT 09:40 2018 Monday ,01 January

OIC Summit opens in Kazakhstan

GMT 06:37 2015 Monday ,07 December

Iran film directors protest colleague's jail term

GMT 18:37 2017 Friday ,25 August

Mental health issues should be prioritized

GMT 04:39 2017 Thursday ,31 August

Trump vows to right 'self-destructive' tax code

GMT 05:29 2017 Tuesday ,22 August

Celebrations across India on 71st Independence Day

GMT 10:54 2017 Wednesday ,11 October

Child obesity grows tenfold since 1975

GMT 02:31 2016 Tuesday ,06 December

Dubai Women Establishment delegation participates

GMT 04:29 2018 Wednesday ,19 September

North and South Korea: Kim and Moon hail new future

GMT 14:18 2013 Monday ,19 August

Newlywed Lebanese couple pose at car bomb site

GMT 11:11 2011 Friday ,12 August

Palestinian university ranks seventh in Arab world

GMT 15:16 2015 Wednesday ,26 August

UAE ambassador attends charity ceremony in Qalubiya

GMT 16:59 2016 Tuesday ,26 July

Hedge funds in new cycle of oil short-selling
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday