Juice bottler Refresco in talks with French investor
Juice bottler Refresco in talks with French investor
The Hague - Al Maghrib 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
- Monday ,15 January GMT 17:44 2018 EU to remove Panama, Korea, UAE, 5 others from tax haven blacklist
GMT 15:13 2018 Saturday ,20 January
US 'erred' in supporting WTO membership for China, RussiaGMT 17:22 2018 Thursday ,18 January
US industrial output in 2017 posts biggest gain since 2010GMT 17:12 2018 Thursday ,18 January
No more bonuses for Carillion bosses after UK collapseGMT 17:20 2018 Wednesday ,17 January
EU to remove Panama, South Korea from tax haven blacklistGMT 17:16 2018 Wednesday ,17 January
Citigroup reports steep Q4 losses tied to US tax reformGMT 17:11 2018 Wednesday ,17 January
Pressure rises on British govt over Carillion collapseGMT 17:52 2018 Monday ,15 January
Iran jetliner deal could take longer to complete, Airbus saysGMT 17:44 2018 Monday ,15 January
EU to remove Panama, Korea, UAE, 5 others from tax haven blacklist
Argentine peso starts to recover after two days of crashes
Buenos Aires - AFP
Argentina's peso began to recover on Friday as markets opened, making a tiny 0.68 percent gain after losing 20 percent of its value against the dollar over the previous twoTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Al Maghrib Today
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onVAR in Champions League only from 2019-20 season
Moscow - AFP
UEFA are set to wait until next season before introducing Video Assistant Referees (VAR) in the Champions League, although they are still not ruling out having it in this season's final, president Aleksander Ceferin said on Friday. Ceferin has soFor $11.6 bn
Sanofi buys US haemophilia treatment firm
Paris - Al Maghrib Today
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances itsParis show pays homage
To 'eternal style' of late Alaia
Paris - Al Maghrib Today
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opened Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led hisGMT 09:22 2018 Monday ,22 January
Skincare PR Performance Full Year 2017GMT 11:03 2018 Wednesday ,24 January
New hunt for flight MH370 gets under wayGMT 10:57 2017 Thursday ,21 December
Modern colorful bedroom renovationGMT 13:56 2018 Tuesday ,23 January
Puigdemont candidate for Catalan presidentGMT 10:47 2018 Wednesday ,24 January
Turkey detains dozens moreGMT 10:46 2018 Tuesday ,16 January
The Rake announces editorial updatesGMT 11:51 2018 Tuesday ,23 January
Europe brings on charm and blue skiesGMT 10:46 2017 Tuesday ,19 December
For the Variety of Interior Design StylesGMT 13:44 2018 Monday ,22 January
US Christian tourists see deep meaningGMT 10:03 2018 Tuesday ,23 January
Amazon to open first cashierless shop
GMT 10:20 2016 Wednesday ,23 March
cartoon ten
GMT 10:18 2016 Wednesday ,23 March
cartoon seven
GMT 09:56 2016 Wednesday ,23 March
cartoon one
GMT 10:22 2016 Wednesday ,23 March
cartoon thirteen
GMT 10:19 2016 Wednesday ,23 March
cartoon nine
GMT 10:17 2016 Wednesday ,23 March
cartoon six
GMT 10:24 2016 Wednesday ,23 March
cartoon fifteen
GMT 09:58 2016 Wednesday ,23 March
cartoon three
GMT 10:22 2016 Wednesday ,23 March
cartoon twelve
GMT 10:16 2016 Wednesday ,23 March
cartoon five
GMT 10:21 2016 Wednesday ,23 March
cartoon eleven
GMT 10:23 2016 Wednesday ,23 March
cartoon fourteen
GMT 10:18 2016 Wednesday ,23 March
cartoon eight
GMT 09:58 2016 Wednesday ,23 March
cartoon four
GMT 14:22 2017 Saturday ,25 November
MP underlines danger of electronic crime
GMT 10:18 2017 Monday ,23 October
Bahrain temporarily frees female activist women
GMT 14:28 2018 Saturday ,20 January
How to take a bullet, by 'Den of Thieves' star 50 Cent
GMT 16:03 2017 Sunday ,19 November
Afghan radio station connects people with government
GMT 14:48 2017 Tuesday ,31 October
10 terror suspects sentenced to life in jailGMT 18:52 2012 Monday ,14 May
Little Alley Steak restaurant
GMT 12:54 2014 Tuesday ,21 October
EU calls for comment on Air France, KLM, Delta fare remedies
GMT 15:30 2017 Wednesday ,01 November
Newly-elected Kuwait football chief to push FIFA over ban
GMT 08:29 2017 Wednesday ,29 November
Saudi Arabia’s Acwa Power Inaugurates Power Plant
GMT 11:48 2018 Saturday ,01 September
High-tech medical equipment to Syria by Japanese Government
GMT 19:19 2017 Saturday ,14 January
Woman dies of infection resistant to all 26 available antibioticsGMT 10:51 2013 Wednesday ,20 March
Major computer crash in South KoreaGMT 18:33 2013 Tuesday ,26 March
Tablets fueling surge in smart devices
GMT 17:45 2017 Tuesday ,07 November
Indian court finds man guilty of raping elderly nun
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor