The Competition and Markets Authority (CMA) said today (17 December) that it would not be referring the £3.3bn transaction for a full in-depth investigation, having launched an initial probe into the agreement back in September.
The deal, which was originally announced in July, is now expected to complete on 16 January.
A Carlsberg spokesman said: “We’re delighted to have received all necessary regulatory clearances and, subject to the satisfaction of the court, we look forward to completing the transaction in January 2025.
“We believe the combination of Carlsberg and Britvic will create a highly attractive multi-beverage supplier in the UK, with an efficient supply chain and distribution network that provides our customers with a portfolio of market-leading brands and world-class service.”
Carlsberg has previously said it intends to create a single integrated beverage company in the UK named Carlsberg Britvic.
Its portfolio will include soft drink brands such as Fruit Shoot, J2O, Pepsi and The London Essence Company, as well as beer labels including Pedigree and Hobgoblin.
Under the terms of the deal, Carlsberg has agreed to pay 1,290p in cash for each Britvic share and pay Britvic shareholders a special dividend of 25p.
