Abishek Chand
22 April, 2021, 10:15 pm
CCEP has also entered into an agreement with the Coca-Cola Company
(TCCC) to acquire all of TCCC’s shares in Amatil (together with the Scheme,
this is the CCEP Acquisition). Picture: SUPPLIED
COCA-COLA European Partners plc (CCEP) has acquired Coca-Cola Amatil Ltd according to a market announcement from the company yesterday.
According to the announcement Paradise Beverages (Fiji) Ltd (PBF) advised that a Scheme of Arrangement (Scheme) pursuant to which all of the shares held by the independent shareholders of Coca-Cola Amatil Ltd (Amatil) would be acquired by Coca-Cola European Partners plc (CCEP) had become legally effective.
By Mike Turner
22 Apr 2021
Europe’s corporate bond market hosted a debut sustainability-linked bond and two multi-part trades this week, despite overall issuance winding down as earnings season gets under way.
Aeroporti di Roma made its debut in the sustainability-linked bond market, while Danish engineering firm Danfoss and UK bottling company Coca-Cola European Partners brought multi-tranche deals.Aeroporti di Roma brought a deal with a structure that allows for several shades of performance, rather than the simple flat rate 25bp
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11:43 AM
Research suggests investors ultimately benefit from demergers but patience is often necessary, while the latest index changes have gone largely unnoticed
-Latest index inclusions, ahead of ASX departure of Coca-Cola Amatil, have gone largely unchanged
-Studies show listed spin-offs typically outperform the parent after 12 months
-Initial underperformance can offer timely entry points
-Telstra spin-off strategy offers 50% bull case upside
By Rudi Filapek-Vandyck & Mark Story
Bye Bye Coca-Cola Amatil
There is plenty of research out there on how inclusions and exclusions from major share market indices can have a noticeable short-term impact on share prices, but let s just say not all index adjustments are equal.
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