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Stock Spirits raises a glass to £767M takeover by CVC
The offer of 377 pence per share represents a premium of 41% to the stock's close on Wednesday
CVC-affiliated Sunray Investments Luxembourg S.à r.l. will buy London-listed Stock Spirits for about $1 billion: the takeover offer of 377 pence per share for Stock Spirits represents a premium of 41% to the stock's close on Wednesday. The proposal values Stock Spirits at 767 million pounds ($1.06 billion).Stock Spirits, which houses more than 70 brands including 1906, Stock Prestige, Vodka No. 1,...
EFA News - European Food Agency