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| Britvic and AG Barr merger provisionally cleared | Britvic and AG Barr merger provisionally cleared |
| (35 minutes later) | |
| The Competition Commission has provisionally cleared a planned merger between drinks makers AG Barr and Britvic. | The Competition Commission has provisionally cleared a planned merger between drinks makers AG Barr and Britvic. |
| The Commission said the proposed takeover of AG Barr by Britvic would not cause harm competition or cause wholesale prices to rise significantly. | |
| AG Barr makes Irn Bru and Orangina, while Britvic is known for making brands including Tango and Robinsons. | |
| The Commission is expected to publish its final report by 30 July. | The Commission is expected to publish its final report by 30 July. |
| The inquiry concluded that the two companies' brands were not close competitors. | |
| "We have provisionally concluded that customers will not lose out," said Alistair Smith, Competition Commission deputy chairman, who was in charge of the merger inquiry. | |
| Britvic say that they will continue to cooperate with the Competition Commission in the lead-up to its final decision in July. |