Summary
Soft-drinks firm Britvic yesterday made a flat stock market debut after its shares failed to rise above its 230 pence flotation price, valuing it at pounds 494 million.
The shares floated in the middle of the expected range as Britvic increased the size of the offer to 181 million shares from the expected 153 million, representing 84.3 per cent of Britvic's shares. Two of its top three shareholders, Whitbread and Pernod Ricard, have sold their entire stakes. Its biggest shareholder, InterContinental Hotels, sold 77 per cent of its holding.See the full content of this document
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Flat Start for Britvic Shares
A corporate fin...
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