Shares of Carlsberg were on course for the biggest one-day decline in more than four years on Friday, after British drinks maker Britvic said it had rejected the Danish brewer’s £3.11 billion ($3.9 billion) takeover proposal.
Carlsberg shares were down 8.7% at 09:04 am London time, according to LSEG data. This is the company’s biggest one-day share decline since March 12, 2020, when the stock fell 8.77%.
Britvic rose 12.5% ​​on the back of the same news.
This news item is being updated.
