merger

 

Soft drinks merger cleared

The Competition Commission has provisionally cleared the acquisition of Britvic by AG Barr. Both companies produce canned soft drinks, including AG Barr’s Irn Bru (pictured) and Britvic’s orange juice pure, both in 330ml cans. In a summary of its provisional findings on the merger published this week the commission concluded the proposed acquisition is not […]

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Silgan loses out in bid to buy company

Can maker Silgan has lost out in its bid to buy Graham Packaging after New Zealand’s Reynolds Group bettered its offer. Earlier this month, Graham informed Silgan that it had “received an unsolicited proposal from a private non-investment grade company to acquire all of the shares of Graham Packaging for $25 per share in cash”.

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