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太古(00019.HK)擬悉售美國太古可口可樂股權 料收益228億擬派特別息
太古A(00019.HK)太古(00087.HK)聯合公布,全資附屬SPHI Capital Management Limited擬以約304億元出售Swire Pacific Holdings Inc.(美國太古可口可樂)的100%股權予大股東英國太古集團的全資附屬JS&S (Beverages) Inc.。公司預計將從出售所售股份錄得綜合出售收益約為228億元。交易需獨立股東批准,且在今年11月30日之前達成,否則任何一方有權發出通知終止協議。 目標集團於美國西部的十三個州生產、銷售及經銷可口可樂及其他飲料,業務區域包括亞利桑那州、加利福尼亞州、科羅拉多州、愛達荷州、堪薩斯州、內布拉斯加州、內華達州、新墨西哥州、俄勒岡州、南達科他州、猶他州、華盛頓州及懷俄明州的部分地區,專營區域覆蓋的人口達約3,000萬。 於交易事項交割,即待獨立股東批准後方可作實後,公司建議向於待定的記錄日期時登記於公司股東名冊的公司股東宣派及派付總額約為117億元的特別股息,相等於每股「A」股8.12元及每股「B」股1.624元,相當於約50%的預期出售收益。如果宣派特別股息,將以交易事項的所得款項淨額支付。 美國太古可口可樂將向太古可口可樂支付年度管理費,即不少於目標集團各相關年度的經常性EBIT的6%,作為服務的代價。管理服務協議下的安排讓公司的飲料部門能夠繼續加強其全球專營業務關係,同時為公司提供額外的費用收入來源。 公司認為交易事項讓公司能夠以大幅高於賬面值的具吸引力估值實現目標集團的價值,並為公司的股東帶來大額及即時的現金回報。同時加強公司的資產負債表,經交易事項及建議特別股息的相關調整後,公司於去年12月31日的備考資本淨負債比率由18%降至11.6%。
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