InterContinental Hotels Group has sold its remaining 10.7% stake in UK drinks producer Britvic, following the company's flotation last week.

The 22.9 million shares were sold as an over-allotment option by Citigroup and Deutsche Bank at 230p per share, a 4.2% discount to yesterday's closing price of 240p.

Harry Wilson

Britvic

InterContinental Hotels Group

Citigroup

Deutsche Bank

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InterContinental exits Britvic

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