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Refresco Group NV (RFRG.AS)

RFRG.AS on Amsterdam Stock Exchange

19.94EUR
16 Feb 2018
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Latest Key Developments (Source: Significant Developments)

Refresco Says CMA Accepts Co's Remedy Proposal To Sell Off Aseptic Pet Facility
Wednesday, 17 Jan 2018 02:34am EST 

Jan 17 (Reuters) - REFRESCO GROUP NV ::REG-CMA ACCEPTS REFRESCO'S REMEDY PROPOSAL; COMPLETION OF THE ACQUISITION OF COTT'S BOTTLING ACTIVITIES ANTICIPATED ON 30 JANUARY 2018.REGARDING COMPETITION CONCERNS: ‍OFFERS AS REMEDY TO SELL OFF ASEPTIC PET FACILITY AT NELSON SITE​.‍ASEPTIC PET FACILITY WILL BE SOLD TO A SUITABLE BUYER​.‍UNTIL ALL REQUIREMENTS ARE MET, REFRESCO AND COTT WILL CONTINUE TO OPERATE SEPARATELY IN UK​.  Full Article

Cott Announces UK Competition And Markets Authority Update
Wednesday, 3 Jan 2018 06:30am EST 

Jan 3 (Reuters) - Cott Corp ::COTT ANNOUNCES UK COMPETITION AND MARKETS AUTHORITY UPDATE REGARDING THE SALE OF ITS TRADITIONAL BEVERAGE MANUFACTURING BUSINESS TO REFRESCO.COTT - REFRESCO INFORMED BY CMA THAT ACQUISITION OF COTT BEVERAGES BY REFRESCO RAISES "POTENTIAL COMPETITION CONCERNS IN UK" FOR ONE SPECIFIC CATEGORY.COTT SAYS REFRESCO, WITH CO, IS EXAMINING DETAILS OF CMA DECISION IS WILLING TO OFFER SUITABLE REMEDIES TO ADDRESS CONCERNS RAISED.  Full Article

Refresco Informed Of Competition Concerns In UK About Cott's Deal
Wednesday, 3 Jan 2018 02:30am EST 

Jan 3 (Reuters) - REFRESCO GROUP NV ::REG-REFRESCO PROVIDES UPDATE OF UK COMPETITION AND MARKETS AUTHORITY ON ACQUISITION PROCESS COTT'S BOTTLING ACTIVITIES.HAS BEEN INFORMED BY CMA THAT ACQUISITION OF COTT'S BOTTLING ACTIVITIES RAISES POTENTIAL COMPETITION CONCERNS IN UNITED KINGDOM.COMPETITION CONCERNS FOR JUICE DRINKS IN PET USING A SPECIAL ASEPTIC PRODUCTION PROCESS.WILLING TO OFFER SUITABLE REMEDIES AND WILL FULLY COOPERATE WITH CMA TO ADDRESS CONCERNS RAISED..  Full Article

UK's CMA concerned Refresco purchase of Cott business could lead to higher prices
Wednesday, 3 Jan 2018 02:07am EST 

Jan 3 (Reuters) - :SOFT DRINKS MERGER COULD LEAD TO HIGHER PRICES.‍COMPETITION AND MARKETS AUTHORITY (CMA) HAS BEEN CARRYING OUT AN INITIAL INVESTIGATION INTO REFRESCO'S PROPOSED $1.25 BILLION (ABOUT £935 MILLION) PURCHASE OF COTT'S WORLDWIDE BEVERAGE MANUFACTURING BUSINESS.​.CMA CONCERNED THAT, AFTER MERGER, COMBINED BUSINESS MIGHT BE ABLE TO INCREASE PRICES OR LOWER QUALITY STANDARDS.​.‍CMA WILL NOW REFER MERGER FOR AN IN-DEPTH INVESTIGATION UNLESS REFRESCO OFFERS ACCEPTABLE UNDERTAKINGS TO ADDRESS COMPETITION CONCERNS​.  Full Article

Refresco and consortium of PAI and bcIMC anticipate offer launch in January 2018
Tuesday, 21 Nov 2017 12:00pm EST 

Nov 21 (Reuters) - REFRESCO GROUP NV :REG-REFRESCO AND A CONSORTIUM OF PAI AND BCIMC ANTICIPATE OFFER LAUNCH IN JANUARY 2018.‍OFFEROR AND REFRESCO CONFIRM THEY ARE MAKING TIMELY PROGRESS ON PREPARATIONS FOR OFFER​.‍OFFEROR EXPECTS TO SUBMIT REQUEST FOR REVIEW AND APPROVAL OF OFFER MEMORANDUM WITH AFM ON DEC 8.‍OFFER IS FOR ALL ISSUED AND OUTSTANDING ORDINARY SHARES OF REFRESCO AT AN OFFER PRICE OF EUR 20 (CUM DIVIDEND) IN CASH PER SHARE​.‍OFFER PERIOD CURRENTLY EXPECTED TO COMMENCE IN JANUARY 2018​.  Full Article

Refresco Q3 adjusted net profit decreases to 23 million euros
Thursday, 9 Nov 2017 01:30am EST 

Nov 9 (Reuters) - REFRESCO GROUP NV ::REG-REFRESCO REPORTS Q3 2017 RESULTS; PUBLIC OFFER FOR ALL SHARES OF REFRESCO AND THE ACQUISITION OF COTT'S BOTTLING ACTIVITIES ON TRACK.Q3 REVENUE EUR 583‍​ MILLION VERSUS EUR 572 MILLION YEAR AGO.Q3 ADJUSTED EBITDA EUR 61‍​ MILLION VERSUS EUR 68 MILLION YEAR AGO.Q3 ADJUSTED NET PROFIT EUR 23 MILLION VERSUS EUR 32 MILLION YEAR AGO.‍ANTICIPATE THAT PUBLIC OFFER ANNOUNCED ON OCT. 25 WILL CLOSE IN Q1 2018.‍EXPECTS ACQUISITION OF COTT'S BOTTLING ACTIVITIES​ TO CLOSE IN Q4 2017.  Full Article

UK's CMA ‍considering whether Cott Corp, Refresco Group NV deal will result in creation of relevant merger situation ‍​
Monday, 30 Oct 2017 03:17am EDT 

Oct 30 (Reuters) - UK'S CMA: :‍CONSIDERING WHETHER COTT COR, REFRESCO GROUP NV DEAL WILL RESULT IN CREATION OF A RELEVANT MERGER SITUATION ‍​.  Full Article

Refresco, PAI and bcIMC agree on cash public offer for all Refresco shares
Wednesday, 25 Oct 2017 01:30am EDT 

Oct 25 (Reuters) - REFRESCO GROUP NV ::REG-REFRESCO AND A CONSORTIUM OF PAI AND BCIMC AGREE ON A RECOMMENDED CASH PUBLIC OFFER OF EUR 20 PER SHARE FOR ALL SHARES OF REFRESCO.‍CONSIDERATION OF EUR 1.623 BILLION​.‍PREMIUM OF APPROXIMATELY 22% TO AVERAGE REFRESCO CLOSING SHARE PRICE OF EUR 16.37 SINCE ANNOUNCEMENT OF ACQUISITION OF COTT'S BOTTLING ACTIVITIES​.‍OFFER PRICE VALUES 100% OF SHARES AT EUR 1.623 BILLION​.‍OFFER PRICE EQUATES TO AN ENTERPRISE VALUE OF APPROXIMATELY EUR 3.3 BILLION​.  Full Article

Refresco receives renewed interest from PAI
Tuesday, 3 Oct 2017 02:45am EDT 

Oct 3 (Reuters) - REFRESCO GROUP NV ::REG-REFRESCO RECEIVES RENEWED INTEREST FROM PAI.‍HAS RECEIVED A NEW UNSOLICITED, INDICATIVE AND CONDITIONAL PROPOSAL FROM PAI PARTNERS SAS (PAI) ON 3 OCTOBER 2017​.‍POSSIBLE OFFER TO ACQUIRE ALL 81.2 MILLION ISSUED SHARES IN COMPANY FOR EUR 19.75 PER SHARE​.‍AGGREGATE CASH CONSIDERATION OF EUR 1.6 BILLION​.‍OFFER INCLUDES COTT'S BOTTLING ACTIVITIES, REFRESCO'S LATEST ACQUISITION WHICH IS EXPECTED TO SEE COMPLETION BEFORE YEAR-END​.  Full Article

Refresco shareholders approves to buy Cott's traditional beverage manufacturing business
Tuesday, 5 Sep 2017 08:04am EDT 

Sept 5 (Reuters) - Cott Corp :Cott announces Refresco shareholder approval received to acquire Cott's traditional beverage manufacturing business.Cott Corp - ‍acquisition is expected to close by end of 2017​.  Full Article

BRIEF-Refresco And The Offeror Receive Competition Clearance From All Authorities

* REG-REFRESCO AND THE OFFEROR RECEIVE COMPETITION CLEARANCE FROM ALL AUTHORITIES