Merger costs hit Barr profits

AOL Money Staff

Irn-Bru maker AG Barr has revealed a £5 million blow from its failed merger with Robinsons firm Britvic but claimed victory amid a cut-throat soft drinks market.

The Scottish firm said costs of the aborted deal add up to £4.9 million, helping knock profits during the six months to the end of July by 10% to £13.2 million.