By David Winning 
 

SYDNEY--Coca-Cola Amatil Ltd. said it had received a takeover proposal worth 9.28 billion Australian dollars (US$6.62 billion) from the company that bottles Coca-Cola products in Western Europe.

Coca-Cola Amatil said the indicative cash offer of A$12.75 per share to independent shareholders follows several other recent proposals made by Coca-Cola European Partners PLC, and it had agreed to allow the bidder to carry out confirmatory due diligence.

 

Write to David Winning at david.winning@wsj.com

 

(END) Dow Jones Newswires

October 25, 2020 17:27 ET (21:27 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
Coca Cola (NYSE:KO)
Historical Stock Chart
Von Feb 2024 bis Mär 2024 Click Here for more Coca Cola Charts.
Coca Cola (NYSE:KO)
Historical Stock Chart
Von Mär 2023 bis Mär 2024 Click Here for more Coca Cola Charts.