Britvic and Barr in €1.75bn merger

Drinks brands Robinsons squash and Irn-Bru are to be poured into the same company after their makers unveiled a £1.4bn (€1.75bn) merger deal today.

Britvic and AG Barr said the proposed tie-up will create one of Europe’s leading soft drinks firms with annual sales of more than £1.5bn (€1.87bn).