date:Nov 13, 2012
er will create an opportunity for both the beverage firms to enhance their industry position, achieve significant synergies and shareholder value.
Britvic shareholders are expected to own 63% and Scottish soft drinks maker AG Barr shareholders 37% of the enlarged group's share capital.
Harris Associates, which owns 3.4% in Britvic, international equities chief investment officer David Herro, commenting on the merger, said: The share ratio was poorly negotiated in our view, and it has not been