Coca-Cola Amatil Limited (CCL.AX) said that it has received a non-binding indicative proposal of A$12.75 cash per share from Coca-Cola European Partners plc (CCE) for the acquisition of all of the issued shares held by independent shareholders of Coca-Cola Amatil.
The proposal implies an equity value on a 100% fully diluted basis of about A$9.28 billion and an enterprise value of A$10.87 billion and represents a premium of 23% to the one week volume weighted average price.
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