Coca-Cola Amatil votes in favour of European bottler's $7.68 bln takeover deal

Reuters2021-04-16

April 16 (Reuters) - Coca-Cola Amatil said on Friday its independent shareholders voted in favour of Coca-Cola European Partners , the European bottling arm of Coca-Cola , acquiring the Australian firm for A$9.93 billion ($7.68 billion).

CCEP sweetened its takeover offer in February to A$13.5 per share from A$12.75 after reports that Amatil's major shareholders viewed the earlier offer as too low.

The deal, which would be Australia's biggest this year, will combine two companies that bottle and distribute Coca-Cola drinks, and gives CCEP a platform to consolidate in Asia.

New Zealand's Overseas Investment Office gave its approval for the deal on Wednesday but it still requires an Australian court's approval, which is scheduled for a hearing next week.

In a stock exchange filing on Friday, Amatil said it expects to pay its shareholders a final dividend of A$0.18 per share at the end of this month.

Amatil's shares are expected to be suspended on the Australia securities exchange at close of trading on April 21, the company added.

($1 = 1.2933 Australian dollars)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

SkylerTan
2021-04-16
SkylerTan
Like n comments pls
- 35a510b1:
  ok
- 4ebeaef4:
  Pls reply me
StyleAng
2021-04-16
StyleAng
Q
Kukutrader
2021-04-16
Kukutrader
Great stuff
MummyInvest
2021-04-16
MummyInvest
Can I get one like and one comment? I'm a tiger mum and need every coins
- 4ebeaef4:
  Pls reply me

Leave a comment

4

11

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2127294833?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-04-16 14:19","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2127294833","market":"us","top_or_hot":-1,"title":"Coca-Cola Amatil votes in favour of European bottler's $7.68 bln takeover deal","media":"Reuters","content":"<p>April 16 (Reuters) - <a href=\"https://laohu8.com/S/CCL.AU\">Coca-Cola Amatil</a> said on Friday its independent shareholders voted in favour of Coca-Cola European Partners , the European bottling arm of Coca-Cola , acquiring the Australian firm for A$9.93 billion ($7.68 billion).</p>\n<p>CCEP sweetened its takeover offer in February to A$13.5 per share from A$12.75 after reports that Amatil's major shareholders viewed the earlier offer as too low.</p>\n<p>The deal, which would be Australia's biggest this year, will combine two companies that bottle and distribute Coca-Cola drinks, and gives CCEP a platform to consolidate in Asia.</p>\n<p>New Zealand's Overseas Investment Office gave its approval for the deal on Wednesday but it still requires an Australian court's approval, which is scheduled for a hearing next week.</p>\n<p>In a stock exchange filing on Friday, Amatil said it expects to pay its shareholders a final dividend of A$0.18 per share at the end of this month. </p>\n<p>Amatil's shares are expected to be suspended on the Australia securities exchange at close of trading on April 21, the company added.</p>\n<p>($1 = 1.2933 Australian dollars)</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Coca-Cola Amatil votes in favour of European bottler's $7.68 bln takeover deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCoca-Cola Amatil votes in favour of European bottler's $7.68 bln takeover deal\n</h2>\n\n<h4 class=\"meta\">\n\n2021-04-16 14:19 北京时间&nbsp;&nbsp;&nbsp;<strong>Reuters</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>April 16 (Reuters) - Coca-Cola Amatil said on Friday its independent shareholders voted in favour of Coca-Cola European Partners , the European bottling arm of Coca-Cola , acquiring the Australian ...</p>\n\n<a href=\"None\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"KO","symbol_name":"可口可乐","start_time":0,"source_url":null,"article_id":"2127294833","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2127294833","pubTimestamp":1618553941,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"April 16 (Reuters) - Coca-Cola Amatil said on Friday its independent shareholders voted in favour of","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"KO":"可口可乐","CCL.AU":"Cuscal Ltd"},"translate_title":"可口可乐公司投票支持欧洲装瓶商768亿美元的收购交易","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CCL.AU":0.9,"KO":0.9},"content_text":"April 16 (Reuters) - Coca-Cola Amatil said on Friday its independent shareholders voted in favour of Coca-Cola European Partners , the European bottling arm of Coca-Cola , acquiring the Australian firm for A$9.93 billion ($7.68 billion).\nCCEP sweetened its takeover offer in February to A$13.5 per share from A$12.75 after reports that Amatil's major shareholders viewed the earlier offer as too low.\nThe deal, which would be Australia's biggest this year, will combine two companies that bottle and distribute Coca-Cola drinks, and gives CCEP a platform to consolidate in Asia.\nNew Zealand's Overseas Investment Office gave its approval for the deal on Wednesday but it still requires an Australian court's approval, which is scheduled for a hearing next week.\nIn a stock exchange filing on Friday, Amatil said it expects to pay its shareholders a final dividend of A$0.18 per share at the end of this month. \nAmatil's shares are expected to be suspended on the Australia securities exchange at close of trading on April 21, the company added.\n($1 = 1.2933 Australian dollars)","kind":"highlight","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":370353522,"gmtCreate":1618555491166,"gmtModify":1704712671479,"author":{"id":"3577269269445542","authorId":"3577269269445542","name":"SkylerTan","avatar":"https://static.tigerbbs.com/a7599105f5c2badfffd8c14fb075b48b","vip":1,"hat":"https://static.tigerbbs.com/5c5b6ed6e3b5dcb14f9ef3ceb365e412","crmLevel":2,"crmLevelSwitch":1,"idStr":"3577269269445542","authorIdStr":"3577269269445542"},"htmlText":"Like n comments pls","listText":"Like n comments pls","text":"Like n comments pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/370353522","repostId":2127294833,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4051362,"gmtCreate":1618557753725,"gmtModify":1680784306485,"authorId":3566178178524951,"author":{"id":3566178178524951,"idStr":"3566178178524951","authorId":3566178178524951,"name":"35a510b1","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":370353522,"type":1,"supId":4051164,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"},{"id":4051164,"gmtCreate":1618555527961,"gmtModify":1680784301237,"authorId":3575777532787835,"author":{"id":3575777532787835,"idStr":"3575777532787835","authorId":3575777532787835,"name":"4ebeaef4","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":370353522,"type":1,"supId":0,"prevId":0,"content":"Pls reply me","text":"Pls reply me","html":"Pls reply me"}],"langContent":"EN"},{"id":370353201,"gmtCreate":1618555478403,"gmtModify":1704712671640,"author":{"id":"3581633953226573","authorId":"3581633953226573","name":"StyleAng","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581633953226573","authorIdStr":"3581633953226573"},"htmlText":"Q","listText":"Q","text":"Q","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/370353201","repostId":2127294833,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":370321035,"gmtCreate":1618554392027,"gmtModify":1704712657864,"author":{"id":"3572007925352878","authorId":"3572007925352878","name":"Kukutrader","avatar":"https://static.tigerbbs.com/434292fb94c0242dee642e1fa4f2a135","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3572007925352878","authorIdStr":"3572007925352878"},"htmlText":"Great stuff","listText":"Great stuff","text":"Great stuff","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/370321035","repostId":2127294833,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":370320179,"gmtCreate":1618554018391,"gmtModify":1704712654142,"author":{"id":"3581641394508329","authorId":"3581641394508329","name":"MummyInvest","avatar":"https://static.tigerbbs.com/f98050938be424ec2e3b8bb4f1f09612","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3581641394508329","authorIdStr":"3581641394508329"},"htmlText":"Can I get one like and one comment? I'm a tiger mum and need every coins&nbsp;","listText":"Can I get one like and one comment? I'm a tiger mum and need every coins&nbsp;","text":"Can I get one like and one comment? I'm a tiger mum and need every coins","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/370320179","repostId":2127294833,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4051165,"gmtCreate":1618555539781,"gmtModify":1680784298717,"authorId":3575777532787835,"author":{"id":3575777532787835,"idStr":"3575777532787835","authorId":3575777532787835,"name":"4ebeaef4","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":370320179,"type":1,"supId":0,"prevId":0,"content":"Pls reply me","text":"Pls reply me","html":"Pls reply me"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":11,"commentSize":4,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2127294833"}