Carlsberg Group dropped 9.3% after Britvic rejected a revised, unsolicited €3.7 billion takeover bid from the brewer
fell 5 per cent to €9.61 amid weak sentiment in the banking sector, while there were also falls for other key stocks.slid 2.7 per cent to €43.15, undoing some of its gain in the middle of the week when it emerged that the enlarged group that will be formed from its merger with US cardboard box-making peerThe Irish Times Business Person of the Month: Laura Dillon, WaterlandBritain’s blue-chip FTSE 100 slipped 0.
Among individual movers, shares in Britvic surged 7.8 per cent after the soft drinks maker rejected a revised, unsolicited, possible cash offer from Carlsberg Group. United Utilities gained 1.6 per cent after analysts atThe Europe-wide Stoxx 600 ended 0.7 per cent lower, with the technology subindex losing around 1.3 per cent and euro zone banks sliding 1.7 per cent.
Still, the European benchmark recorded a weekly gain of 0.8 per cent as the market focused on Swiss and British central bank decisions in the week, recovering from last week’s drop after French president Emmanuel Macron called a snap parliamentary election. The French benchmark Cac 40 index recorded a gain of 1.7 per cent for the week.
Britvic Nvidia Aib Bank-Of-Ireland Kingspan Smurfit-Kappa Ryanair Jp-Morgan-Chase Morgan-Stanley Microsoft
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