Edition:
India

Refresco Group NV (RFRG.AS)

RFRG.AS on Amsterdam Stock Exchange

19.92EUR
22 Jan 2018
Change (% chg)

-- (--)
Prev Close
€19.92
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
307,608
52-wk High
€19.92
52-wk Low
€13.48

Latest Key Developments (Source: Significant Developments)

Refresco says Sunshine Investments making a recommended cash offer to all holders of Refresco shares
12:20am IST 

Jan 22 (Reuters) - Refresco Group Nv ::REG-LAUNCH OF RECOMMENDED CASH OFFER FOR ALL SHARES OF REFRESCO.OFFEROR IS MAKING A RECOMMENDED CASH OFFER TO ALL HOLDERS OF SHARES TO ACQUIRE SHARES AT OFFER PRICE OF EUR 20 IN CASH PER SHARE​.REFRESCO GROUP NV SAYS REFRESCO'S EXECUTIVE BOARD AND SUPERVISORY BOARD FULLY SUPPORT AND UNANIMOUSLY RECOMMEND OFFER.REFRESCO GROUP NV SAYS OFFEROR AND REFRESCO HAVE AGREED ON CERTAIN NON-FINANCIAL TERMS.SOME MAJOR SHAREHOLDERS AND SHAREHOLDING MEMBERS OF BOARDS HOLDING IN AGGREGATE 26.5% OF ALL SHARES TO SUPPORT OFFER PROVIDED BOARDS CONTINUE TO RECOMMEND OFFER​.  Full Article

Cott says UK's CMA accepts phase 1 remedy in sale of beverage manufacturing business to Refresco
Wednesday, 17 Jan 2018 

Jan 17 (Reuters) - Cott Corp ::‍COTT- UK COMPETITION AND MARKETS AUTHORITY ACCEPTS PHASE 1 REMEDY IN PRINCIPLE IN SALE OF ITS TRADITIONAL BEVERAGE MANUFACTURING BUSINESS TO REFRESCO​.COTT-REFRESCO, IN CONSULTATION WITH COTT, OFFERED REMEDY CONSISTING OF SALE TO PURCHASER OF APET FACILITY AT NELSON SITE TO ADDRESS CONCERNS RAISED BY CMA​.‍REFRESCO HAS APPOINTED RABOBANK TO LEAD SALES PROCESS​.‍REFRESCO ANTICIPATES CLOSING OF TRANSACTION WILL OCCUR ON JANUARY 30, 2018​.  Full Article

Cott Announces UK Competition And Markets Authority Update
Wednesday, 3 Jan 2018 

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 

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 

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 

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 

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 

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 

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 Group Q2 net profit jumps to 28.9 million euros
Thursday, 11 Aug 2016 

Refresco Group NV : Q2 revenue 558.7 million euros ($623.62 million) versus 548.4 million euros year ago . Q2 EBITDA 66.6 million euros versus 62.3 million euros year ago . Q2 net profit 28.9 million euros versus 5.4 million euros year ago . Group volume of 1,703.3 million liters (Q2 2015: 1,672.2 million liters), an increase of 1.9 pct . Confirms medium term guidance of low to mid-single digit average organic annual volume growth . Expects volumes to be below the medium term guidance for 2016 . Gross profit margin per liter in the medium term may come down marginally due to product mix effects, based on current outlook on the market and competitive environment .Expect the gross profit margin per liter for 2016 to remain flat compared to the gross profit margin per liter over 2015 (14.2 eurocents).  Full Article