After a week off, M&A Monday is back once again! A fortnight since PEP and Carlyle tabled a $3.8 billion bid for Link Group on a Monday morning, Coca-Cola Amatil is expected to unveil a $10 billion takeover bid from European bottler Coca-Cola European Partners tomorrow.
Bankers at UBS and Rothschild were working late on Sunday evening, frantically trying to get a deal signed, ready for an announcement in the morning.
The bid is another sign that M&A is heating up and the COVID-19 deal freeze is thawing.
Tonight, we take a dive into Coca-Cola European Partners' offer, and importantly, whose blessing it sought before making a play.
Fund managers are braced for another monster week of initial public offering bombardment, after a slew of successful floats has buoyed the listing market.
