Coca-Cola Amatil Ltd said on Monday that Coca-Cola European Partners offered to buy the Australian bottler for A$9.23 billion ($6.58 billion), in what would be the country's biggest deal this year.
The world's largest independent bottler of Coca-Cola is offering A$12.75 per share, an 18.6% premium to the last closing price of the Sydney-based company that operates across six countries in the Asia-Pacific. The company said that including long-term incentive share rights, the implied equity deal value was A$9.28 billion.