AG Barr-Britvic merger collapses

Updated
Britvic
Britvic

Irn Bru maker AG Barr has called time on a merger with Robinsons firm Britvic after its revised approach was snubbed despite competition clearance for the tie-up.

Barr, which dates back to 1875 and also makes Tizer and Rubicon, revealed it made a new proposal following formal notification earlier this week that its now lapsed £1.4 billion merger with Britvic had been given the all clear.
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