Barr(A.G.) PLC Statement re Competition Commission Provisional (7217G)
11 Juni 2013 - 8:05AM
UK Regulatory
TIDMBAG TIDMBVIC
RNS Number : 7217G
Barr(A.G.) PLC
11 June 2013
FOR IMMEDIATE RELEASE 11 June 2013
A.G. BARR p.l.c.
Competition Commission Provisional Clearance
Into A.G. BARR / Britvic Merger Inquiry
A.G. BARR p.l.c., the soft drinks group, welcomes today's
publication by the Competition Commission of its provisional
decision to clear the merger of A.G. BARR p.l.c. and Britvic plc.
The Competition Commission has fully reviewed the context of the
potential transaction and provisionally concluded that it does not
expect it to result in a substantial lessening of competition .
The Competition Commission is expected to publish its final
report by 30 July 2013, the statutory deadline for completion of
its inquiry.
The Board of A.G. BARR believes this is a significant positive
step and in light of this will continue to work closely with the
Competition Commission throughout the remainder of the inquiry with
a view to reconsidering a merger (although pursuant to the Takeover
Code no new merger may be formally announced until the Competition
Commission has published its final report).
For further information, please contact:
A.G. BARR Tel: 01236 852400 College Hill Tel: 020 7457 2020
Roger White, Chief Executive Justine Warren
Alex Short, Finance Director Matthew Smallwood
This information is provided by RNS
The company news service from the London Stock Exchange
END
STRURRRROVANAUR
Britvic (LSE:BVIC)
Historical Stock Chart
Von Jun 2024 bis Jul 2024
Britvic (LSE:BVIC)
Historical Stock Chart
Von Jul 2023 bis Jul 2024