Britvic announces floatation move

Soft drinks group Britvic was today set for life on the stock market after announcing plans to float with an estimated value of £800m (€1.2bn).

The maker of brands including Robinsons and Tango ranks behind only Coca-Cola in the market for fizzy and still soft drinks in the UK, generating sales of nearly £700m (€1.03bn) a year.