European investment banks UBS and Rothschild have secured lead advisory roles in the breaking Coca-Cola Amatil takeover.

The deal would see the European business buy Coca-Cola Amatil in full – taking both its Australian and Asia Pacific operations.
The advanced talks come after Coca-Cola Amatil shares went into a trading halt on Friday ahead of a “potential material transaction”.
Most investors and analysts expected that to be about its interest in an up-for-sale beer and cider brands portfolio, as well as Lion’s dairy and drinks division. But in an unexpeted twist, Coca-Cola Amatil finds itself in the crosshairs of a much larger suitor.
Coca-Cola European Partners makes, produces and sells a range of non-alcoholic beverages in Europe, including the world famous Coca-Cola range of soft drinks, to customers in countries including France, Germany, the UK, Spain and Sweden.
The group recorded 11.1 billion ($18.4 billion) revenue and 1.52 billion EBITDA in the past 12 months and had a 21.3 billion enterprise value, according to S&P Global Market Intelligence.
Coca-Cola Amatil’s board, led by former King & Wood Mallesons lawyer and Westpac executive Ilana Atlas, was considering Coca-Cola Europeans Partners’ proposal, sources said.
There is understood to have already been significant engagement between the two bottlers.
The Coca-Cola Company, the parent in the wider Coca-Cola network, shapes as a key player in the transaction. It owns a 30.4 per cent stake in the ASX-listed Coca-Cola Amatil and 19.5 per cent of the larger European company.