Drinks group C&C guarded over €276m UK deal

Drinks group C&C has declined to comment on reports linking it to a £200m (€276m) takeover of UK distribution and wholesale business Matthew Clark.

A spokesperson for the Bulmers/Magners cider owner said yesterday the company’s position is not to comment on rumour.

A move for Matthew Clark would be C&C’s latest attempt to improve its fortunes in England and Wales, where it has been underperforming for some time.