17.25 -0.01 (-0.06%)
After hours: 4:03PM EST
|Bid||0.00 x 0|
|Ask||25.00 x 100|
|Day's range||17.07 - 17.32|
|52-week range||10.34 - 17.77|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||0.24 (1.41%)|
|1y target est||18.00|
Rotterdam, the Netherlands - 17 January 2018 Further to the announcements made by Refresco (Euronext Amsterdam: RFRG) on 25 July 2017 and 3 January 2018 regarding the acquisition of Cott's bottling activities, Refresco today announces that the UK Competition and Markets Authority (CMA) has in principle accepted the remedy proposed by Refresco. Refresco anticipates to complete the acquisition of Cott's bottling activities on 30 January 2018.
Drinks bottler Refresco (RFRG.AS) is willing to offer remedies to concerns voiced by Britain's Competition and Markets Authority (CMA) over the Dutch company's $1.25 billion (919.66 million pounds) acquisition of Cott Corp's (BCB.TO) bottling activities. The CMA, which has undertaken an initial investigation of the deal, said on Wednesday that it had concluded the purchase could result in higher prices or lead to lower quality standards for some juice drinks that both companies supply in the UK. Refresco said in a separate statement that it was prepared to offer "suitable remedies" to the CMA and would fully cooperate with the watchdog.
The Mississauga, Ontario-based company said it had net income of 30 cents per share. Earnings, adjusted for one-time gains and costs, came to 6 cents per share. The maker of soft drinks, juices, teas, ...
A Relative Strength Rating upgrade for Cott shows improving technical performance. Will it continue?