|Bid||12.94 x 0|
|Ask||11.80 x 0|
|Day's range||12.90 - 13.00|
|52-week range||7.77 - 13.18|
|Beta (5Y monthly)||0.35|
|PE ratio (TTM)||47.40|
|Earnings date||18 Feb 2021|
|Forward dividend & yield||0.35 (2.71%)|
|Ex-dividend date||25 Aug 2020|
|1y target est||8.37|
The big shareholder groups in Coca-Cola Amatil Limited (ASX:CCL) have power over the company. Institutions often own...
Coca-Cola Co's <KO.N> European bottler has made a A$9.28 billion ($6.6 billion) buyout approach to Australian peer Coca-Cola Amatil Ltd <CCL.AX>, a cut-price proposal that the target firm is backing due to uncertainty sparked by the coronavirus crisis. The takeover by Coca-Cola European Partners PLC <CCEPC.L> (CCEP) would be the biggest involving Australia this year, but prices the target company below its market valuation in February - before the COVID-19 pandemic began to rock global markets and plunged the world into recession. Coca-Cola Amatil's profit has been hit by shutdowns of restaurants and pubs since March.
If the deal goes ahead it will be the largest involving an Australian company this year, uniting European and Australian bottlers.