Brazil's Moreira Salles family launches takeover bid for French bottler Verallia

Verallia SA

10/03/2025 06:12

March 10 (Reuters) - Brazil's Moreira Salles family said on Monday it would launch a takeover bid for all shares of French bottler Verallia VRLA.PA that it does not own, at an offer price of 30 euros ($32.51) each.

BW Gestao de Investimentos (BWGI), owned by the Moreira Salles holding company Brasil Warrant Administracao de Bens e Empresas (BWSA), said it expects the initial offer period to close towards the end of the first half of 2025.

($1=0.9228 euros)

 (Reporting by Alessandro Parodi; Editing by Clarence Fernandez)

 ((Alessandro.Parodi@thomsonreuters.com;))