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Refresco receives new 1.6 bln euro buyout offer from PAI Partners
October 3, 2017 / 6:57 AM / in 21 days

Refresco receives new 1.6 bln euro buyout offer from PAI Partners

AMSTERDAM, Oct 3 (Reuters) - Dutch juice bottling company Refresco on Tuesday said it had received a new 1.6 billion euro ($1.88 billion) buyout offer from private equity firm PAI Partners.

Refresco said it was considering the offer, which follows a 1.4 billion euro offer from PAI which Refresco rejected in April.

After rejecting the PAI offer, Refresco agreed in July to buy the bottling activities of Canada-based Cott Corp for $1.25 billion.

$1 = 0.8532 euros Reporting by Toby Sterling; editing by Jason Neely

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