July 25, 2017 / 8:30 AM / 4 months ago

BUZZ-Refresco: Stock price falls after unexpected acquisition

** Shares in Dutch drinks bottler down by 4.1 pct after co announces acquisition of Cott’s bottling activities

** Refresco said it will finance deal with debt, intends to bring down leverage over time

** Deal comes 3 mths after co rejected $1.5 bln takeover offer from PAI Partners

** KBC Securities says co was expected to be taken over, stock price reflects disappointment of investors, said acquisition leverage is brought to a higher level

** Stock on track for worst day in almost 10 mths

** One of top fallers on Euronext Next 150 index

RM: michal.aleksandrowicz.thomsonreuters.com@reuters.net

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